Question

Why might some reinsurers have reservations about participating in pools and brokers' covers?

a.

Lack of control over the quality of business

b.

Higher costs associated with pools and brokers' covers

c.

Excessive commission fees charged by brokers

d.

All of the above

Answer: (d).All of the above Explanation:Some reinsurers may have reservations about participating in pools and brokers' covers due to factors such as lack of control over the quality of business, higher costs, and excessive commission fees charged by brokers.

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Q. Why might some reinsurers have reservations about participating in pools and brokers' covers?

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