Question

How do the majority of professional reinsurance companies operate in relation to their parent insurers?

a.

They operate as independent entities.

b.

They function as separate divisions.

c.

They collaborate closely with their parent insurers.

d.

They share resources and infrastructure.

Answer: (a).They operate as independent entities. Explanation:The majority of professional reinsurance companies are owned by large composite companies or other industrial/commercial concerns but operate independently from the parent insurer.

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Q. How do the majority of professional reinsurance companies operate in relation to their parent insurers?

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