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:

Verified
Correct Answer:
Verified
Related Questions
Q24: Jerry works as a claims adjuster. He
Q25: United Insurance Company insures Travelco for fire
Q26: Direct writing insurance companies typically use independent
Q27: The brokerage function does not exist in
Q28: Which of the following statements about insurance
Q30: Which of the following is not a
Q31: When a $1 million insured loss occurs
Q32: Denny Crane was an agent for Mutual
Q33: Peggy's insurance agent, Skip Towne, convinces her
Q34: What is the difference between an agent