Question
a.
They opted for captives instead of traditional insurance.Higher reinsurance prices driven primarily by a shortage of capacity in the retrocession market
b.
They increased their premium payments to US $125 million.Increased fluctuations in the financial market
c.
They withdrew from the world energy market.Exploitation of tax and regulatory asymmetries
d.
They limited their insurance coverage to US $10 million for legal compliance.For providing multi year covers to securitization of risk and derivatives
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Q. What decision did British Petroleum make regarding insurance coverage?What is the main reason for increase in demand for ART products?
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