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    Risk Management and Insurance Study Set 1
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    Exam 8: Insurance Functions
  5. Question
    When a Primary Insurer "Cedes" Coverage to a Reinsurer, the Process
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When a Primary Insurer "Cedes" Coverage to a Reinsurer, the Process

Question 29

Question 29

Multiple Choice

When a primary insurer "cedes" coverage to a reinsurer, the process is called:


A) reinsurance
B) automatic coverage
C) retrocession
D) cession

Correct Answer:

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