Question

What has been the impact of consolidation in the insurance sector on the demand for annual reinsurance?

a.

Increased demand for annual reinsurance

b.

Decreased demand for annual reinsurance

c.

Unchanged demand for annual reinsurance

d.

Fluctuating demand for annual reinsurance

Answer: (b).Decreased demand for annual reinsurance Explanation:As the insurance sector consolidated in most developed countries, the demand for annual, account specific reinsurance has fallen.

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Q. What has been the impact of consolidation in the insurance sector on the demand for annual reinsurance?

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