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Ai A primary insurer (now insolvent) had an adjusted loss before insolvency of $400,000, but the loss was not paid to the claimant. The liquidator

Ai A primary insurer (now insolvent) had an adjusted loss before insolvency of $400,000, but the loss was not paid to the claimant. The liquidator paid the claimant $300,000, or 75% of the loss. The primary insurer had excess of loss reinsurance for $400,000 excess of $100,000. Payment without diminution requires that the excess of loss reinsurer pay what amount? Available answer options Select only one option A $200,000 B $225,000 C $300,000 D $325,000

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