Question

Who signs the policy in a facultative reinsurance contract?

a.

The reinsured

b.

The insured

c.

The regulatory authority

d.

The reinsurer

Answer: (d).The reinsurer Explanation:In a facultative reinsurance contract, the policy is issued and signed by the reinsurer. The reinsurer, who accepts the specific risk being reinsured, is responsible for issuing and signing the policy document that outlines the terms and conditions of the reinsurance arrangement.

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Q. Who signs the policy in a facultative reinsurance contract?

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