Question

What do treaty wordings refer to in the context of reinsurance agreements?

a.

Reinsurance agreements entered into in writing between the ceding insurer and the reinsurer.

b.

Terms and conditions specific to each class and type of contract.

c.

General conditions applicable to all classes of insurance business.

d.

Reciprocal undertakings signed by or on behalf of each party to a facultative reinsurance.

Answer: (a).Reinsurance agreements entered into in writing between the ceding insurer and the reinsurer. Explanation:Treaty wordings are the written agreements between the ceding insurer and the reinsurer, which outline the terms and conditions of the reinsurance treaty.

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Q. What do treaty wordings refer to in the context of reinsurance agreements?

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