Question

What is the relevance of management, underwriting, and claims handling capabilities in reinsurance program design?

a.

It helps in analyzing exposure to various perils

b.

It influences retentions, cover limits, and reinsurance costs

c.

It helps in ensuring acceptability of the program to reinsurers

d.

It reflects management philosophy on program objectives and confidence in underwriting and claims handling teams

Answer: (d).It reflects management philosophy on program objectives and confidence in underwriting and claims handling teams Explanation:Management, underwriting, and claims handling capabilities are important in reinsurance program design as they reflect management philosophy on program objectives and its confidence in underwriting and claims handling teams.

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Q. What is the relevance of management, underwriting, and claims handling capabilities in reinsurance program design?

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