The amount of risk retained by a ceding company for its own account is known as the cession.
Correct Answer:
Verified
Q19: Most assets of insurance companies are invested
Q20: If a firm has a good risk
Q21: An excess-of-loss treaty is a form of
Q22: The Insurance Services Office (ISO) is a
Q23: Facultative reinsurance is the most complex form
Q25: The most common types of pro-rata reinsurance
Q26: Match the descriptions with their terms:
-The function
Q27: Match the descriptions with their terms:
-The function
Q28: Match the descriptions with their terms:
-That portion
Q29: Match the descriptions with their terms:
-The total
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