Question

Under a reinsurance treaty, when does the duty of disclosure extend beyond the conclusion of the contract?

a.

Only during the underwriting process

b.

Throughout the entire reinsurance operations

c.

After the treaty is signed

d.

At the time of cession

Answer: (b).Throughout the entire reinsurance operations Explanation:Under a reinsurance treaty, the reinsured is bound to exercise the utmost good faith towards the reinsurer even after the contract is concluded. This duty of disclosure extends throughout the general operation of the treaty.

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Q. Under a reinsurance treaty, when does the duty of disclosure extend beyond the conclusion of the contract?

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