An excess-of-loss treaty is a form of facultative reinsurance.
Correct Answer:
Verified
Q16: A retrospective rating method affects the premium
Q17: Credibility in rate making is used to
Q18: Failure to investigate a claim promptly is
Q19: Most assets of insurance companies are invested
Q20: If a firm has a good risk
Q22: The Insurance Services Office (ISO) is a
Q23: Facultative reinsurance is the most complex form
Q24: The amount of risk retained by a
Q25: The most common types of pro-rata reinsurance
Q26: Match the descriptions with their terms:
-The function
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