What is applied to the sale of all or a block of an entity's insurance in force of another entity?

Question

Quizplus · Accepted Answer

Portfolio reinsurance is the process of transferring a block of an insurance company's policies to another company through reinsurance. This allows the selling company to reduce risk and free up capital, while the buying company gains access to a new portfolio of policies. Options A, C, and D are not relevant to this concept.

What Is Applied to the Sale of All or a Block