Question

What is the primary function of an intermediary in reinsurance placement?

a.

To represent the reinsurer to the proposer

b.

To handle documentation for the insurer

c.

To provide intelligence about world markets

d.

To establish connections with insurers in distant parts of the world

Answer: (a).To represent the reinsurer to the proposer Explanation:The intermediary understands and consults with the proposer to properly represent them to the reinsurer/s. The intermediary acts as a bridge between the proposer and the reinsurer, ensuring effective communication and representation. Therefore, option a is the correct answer.

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Q. What is the primary function of an intermediary in reinsurance placement?

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