Question
a.
Ensure adequate reinsurance arrangements for catastrophe risks without any specific approval
b.
Obtain approval from the Authority for reinsurance arrangements for catastrophe risks
c.
Only provide reinsurance arrangements for catastrophe risks if specifically requested by the Board of Directors
d.
Include reinsurance arrangements for catastrophe risks in the annual report without prior approval
Posted under IC 92 Actuarial Aspects of Product Development
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Q. What requirement must insurers fulfill regarding reinsurance arrangements for catastrophe risks?
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