Question

Who is a "Lead Underwriter" in reinsurance?

a.

An underwriter who negotiates reinsurance terms and conditions

b.

An underwriter who takes the primary responsibility for claims settlement

c.

An underwriter who sets the premium rates for reinsurance contracts

d.

An underwriter who specializes in specific lines of business

Posted under IC85 Reinsurance Management

Answer: (a).An underwriter who negotiates reinsurance terms and conditions Explanation:A Lead Underwriter is an individual or organization that plays a major role in negotiating the terms and conditions of a reinsurance cover. Other underwriters often follow the lead underwriter's terms without further negotiation due to their reputation and expertise.

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