Question

What is the common objective of both direct placements and dealing through intermediaries?

a.

Achieving 100% reciprocity in reinsurance programs

b.

Maximizing profitability for professional reinsurers

c.

Minimizing brokerage costs for insurers' clients

d.

Ensuring the success of the reinsurance program

Posted under IC85 Reinsurance Management

Answer: (d).Ensuring the success of the reinsurance program Explanation:The final objective is the success of the reinsurance program, regardless of whether direct placements or intermediaries are used. Both approaches aim to contribute to the success of the reinsurance program. Therefore, option d is the correct answer.

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Q. What is the common objective of both direct placements and dealing through intermediaries?
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