Question

How were reinsurers traditionally chosen?

a.

Based on their credit rating

b.

Based on the broker's reference

c.

Based on their size and market share

d.

Based on their location and jurisdiction

Posted under IC85 Reinsurance Management

Answer: (b).Based on the broker's reference Explanation:Traditionally, reinsurers were chosen based on the broker's reference in their efforts to place covers.

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