Question

What is the significance of follow-up in a reinsurance programme?

a.

To modify programme design

b.

To safeguard solvency against random fluctuations in overall claims experience and accumulation of losses

c.

To administer better systems for reporting and underwriting

d.

All of the above

Answer: (d).All of the above Explanation:Follow-up in a reinsurance programme takes various methods and forms, including modifications to programme design, better systems for reporting and underwriting, new thrusts on the business front, better liquidity management, and a renewed drive for optimum retained results.

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Q. What is the significance of follow-up in a reinsurance programme?

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