Q. What is one of the terms for terminating a reinsurance treaty?

View solution

Q. When could disputes arise between the insurer and the re-insurer?

View solution

Q. What is one advantage of reinsurance in terms of capital utilization?

View solution

Q. How does reinsurance help in minimizing losses for insurers?

View solution

Q. In what way does reinsurance enable higher risk acceptance by insurers?

View solution

Q. How can reinsurers assist insurers in underwriting guidance and training?

View solution

Q. In what scenario could reinsurers provide assistance in designing and pricing new insurance products?

View solution

Q. How does reinsurance contribute to the strength and stability of insurers and the insurance industry?

View solution

Q. In what scenario does reinsurance help in checking the volatility of claim experience?

View solution

Q. How does reinsurance assist in minimizing new business strain for insurers?

View solution

Q. What role does reinsurance play in reducing insurance parameter risk for insurers?

View solution

Q. How does reinsurance contribute to cost reduction for insurers?

View solution

Q. What is a primary consideration for insurers before reinsuring?

View solution

Q. How do retention limits influence the decision to reinsure?

View solution

Q. What factors should be considered when setting retention limits for reinsurance?

View solution

Q. What is the key decision in determining the level of retention limits for insurers?

View solution

Q. How does reinsurance impact the return on capital for insurers?

View solution

Q. What term describes the situation where an insurer remains liable to policyholders even if the reinsurer becomes insolvent?

View solution

Q. How can the exposure to counterparty risk be mitigated?

View solution

Q. What legal framework governs reinsurance agreements?

View solution