Question

What types of reinsurance arrangements exist?

a.

Surplus and deficit reinsurance

b.

Compulsory and optional reinsurance

c.

Facultative and obligatory reinsurance

d.

Short-term and long-term reinsurance

Answer: (c).Facultative and obligatory reinsurance Explanation:Reinsurance arrangements include facultative and obligatory reinsurance, depending on the obligations of the parties involved.

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Q. What types of reinsurance arrangements exist?

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