Which of the following is NOT a characteristic of reinsurance?

Which of the following is NOT a characteristic of reinsurance?


A) Increases the unearned premium reserve
B) Protects against a very large claim
C) Enables insurer to meet certain objectives
D) A specialized branch of the insurance industry


Answer: A) Increases the unearned premium reserve

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need: