Question

In what scenario is retrocessional support particularly influential in inward reinsurance?

a.

When market is hard

b.

When market is soft

c.

When market is stable

d.

When market is unpredictable

Answer: (a).When market is hard Explanation:The absence of retrocessional support, when the market is hard, exerts a significant influence on the rate quoted by the lead underwriter as the primary reinsurer.

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Q. In what scenario is retrocessional support particularly influential in inward reinsurance?

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