Question

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

a.

During the underwriting process

b.

During premium negotiations

c.

During the settlement of claims

d.

During the policy issuance

Answer: (c).During the settlement of claims Explanation:Disputes between the insurer and the re-insurer could arise during the settlement of claims, especially if the insurer fails to provide the requisite information requested by the re-insurer.

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

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