Question

__________ is a contract to pay back to the insurer the negative balance in his business as pre-agreed with the reinsurer.

a.

Time and distance policy

b.

Spread loss

c.

Loss portfolio transfer

d.

Swaps

Answer: (b).Spread loss Explanation:Spread loss is a contract to pay back to the insurer negative balance in his business as pre-agreed with the reinsurer.

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Q. __________ is a contract to pay back to the insurer the negative balance in his business as pre-agreed with the reinsurer.

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