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National Reinsurance Institutions and Key Reinsurance Concepts

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Description

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

(a) What are the advantages of National Reinsurance Institution for a developing country?

(b) Write short notes on the following
(i) Reciprocity
(ii) Line
(iii) Pool
(iv) Retrocessionaire
(v) Guarantee

 

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