Question

What is the requirement for monitoring the results of each acceptance and the inward portfolio in inward reinsurance?

a.

Suitable underwriting policy

b.

Retrocession arrangement

c.

Management Information System

d.

Reciprocal trading

Answer: (c).Management Information System Explanation:A suitable management information system is required to be in place in order to constantly monitor the results of each acceptance and the inward portfolio as a whole in inward reinsurance.

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Q. What is the requirement for monitoring the results of each acceptance and the inward portfolio in inward reinsurance?

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