Answer-A retrocessionaire is:

Explanation The correct answer is B. A reinsurer that buys reinsurance. A retrocessionaire is a reinsurer that transfers some of its own reinsurance risk to another reinsurer.

Question

A retrocessionaire is:

A An insurance broker

B A reinsurer that buys reinsurance

C A direct insurer for niche products

D A third-party surveyor

E None of the above

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A retrocessionaire is:

Solution