Question
a.
It shifts credit risk to reinsurers and deems ceding insurer's payments as payments to the reinsurer.
b.
It restricts the rectification of errors and omissions by the reinsurer.
c.
It protects the ceding insurer against delays, errors, or omissions.
d.
It increases the liability of the reinsurers beyond agreed limits.
Posted under IC85 Reinsurance Management
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