Question

What is the purpose of a management information system in the context of inward reinsurance?

a.

To track the performance of each acceptance and the inward portfolio as a whole

b.

To generate reports for regulators

c.

To automate the underwriting process

d.

To all of the above

Posted under IC85 Reinsurance Management

Answer: (a).To track the performance of each acceptance and the inward portfolio as a whole Explanation:A management information system is used to track the performance of each acceptance and the inward portfolio as a whole. This information can be used to identify areas where there are problems and to make necessary adjustments to the inward reinsurance program.

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Q. What is the purpose of a management information system in the context of inward reinsurance?
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