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14. Huge Insurance Company is a property insurer that is interested in protecting itself against cumulative losses that exceed $200 million during the year. This

14. Huge Insurance Company is a property insurer that is interested in protecting itself against cumulative losses that exceed $200 million during the year. This protection can best be obtained using a(n)

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quota-share reinsurance treaty.

surplus-share reinsurance treaty.

excess-of-loss reinsurance treaty.

reinsurance pool.

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