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      Question

      The portion of risk that a reinsurance company cedes or

      amount of insurance the company chooses not to retain is called?
      A Universal Life Insurance Correct Answer Incorrect Answer
      B Unauthorized Reinsurance Correct Answer Incorrect Answer
      C Retro cession Correct Answer Incorrect Answer
      D Retrospective Rating Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Retrocession is a type of insurance wherein a reinsurance company takes on part of the risk assumed by another reinsurance company.

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