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    • Question

      A retrocessionaire is: 

      A An insurance broker Correct Answer Incorrect Answer
      B A reinsurer that buys reinsurance Correct Answer Incorrect Answer
      C A direct insurer for niche products Correct Answer Incorrect Answer
      D A third-party surveyor Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      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.

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