Exam DISC-RM Practice Question 249
Study guide: Exam DISC-RM
A small mutual insurer places its reinsurance directly with a reinsurer whose own salaried employees negotiate with the insurer, with no broker involved. Which description fits that reinsurer?
- A) A broker-market reinsurer, which relies on intermediaries it compensates
- B) A direct-writing reinsurer
- C) An involuntary reinsurance pool, such as a FAIR plan
- D) A Lloyd's syndicate, which can be reached only through its own members
Answer this question and see the worked solution