Legislation passed shortly after September 11, 2001 saw the federal government become
A) the insurer (hence, re-insurer) of last resort.
B) the primary insurer for all acts of terrorism but not for other losses.
C) the primary re-insurer in the U.S.
D) the primary insurer in the U.S.
Correct Answer:
Verified
Q9: To estimate the cost of the September
Q10: Reinsurance exists to permit
A)people to buy insurance
Q11: Q12: Terrorism insurance is much more likely to Q13: Q15: The attacks of September 11, 2001 are Q16: When looking at the economic impact of Q17: Without reinsurance, insurance companies would be less Q18: Without reinsurance, insurance companies would be less Q19: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
