Question

What are the benefits of a multi-line/multi-year package in reinsurance?

a.

Diversification over time with balanced years

b.

Customized risk package without any coverage gaps

c.

Reduced negotiation and administration costs

d.

All of the above

Posted under IC85 Reinsurance Management

Answer: (d).All of the above Explanation:There are several benefits of a multi-line/multi-year package in reinsurance. These include diversification over time with balanced years, a customized risk package that avoids coverage gaps, and reduced negotiation and administration costs.

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