Question

What is the subject matter of the reinsurance contract?

a.

The reinsurer's liability

b.

The original insurer's liability

c.

The original insured's property

d.

The reinsured's liability in the original insurance

Answer: (d).The reinsured's liability in the original insurance Explanation:The subject matter of the reinsurance contract is the reinsured's liability in the original insurance. The validity of the reinsurance contract is dependent on the existence of the subject matter of the insurance.

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Q. What is the subject matter of the reinsurance contract?

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