Question

What is an "Original Insurer" in the context of reinsurance?

a.

The insurer that writes policies requiring reinsurance

b.

The insurer that provides reinsurance coverage to other insurers

c.

The insurer that originally purchased the policy from the policyholder

d.

The insurer that specializes in underwriting original policies

Posted under IC85 Reinsurance Management

Answer: (c).The insurer that originally purchased the policy from the policyholder Explanation:The "Original Insurer" can be defined as the insurer that writes a policy for a policyholder, regardless of whether reinsurance is needed. It refers to the insurer that initially enters into a contract with the policyholder.

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Q. What is an "Original Insurer" in the context of reinsurance?
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