All the following statements concerning the coinsurance plan of reinsurance are correct, EXCEPT:

		The reinsurer is responsible for its pro rata share of the policy's death claim, as well as for the net amount at risk.
		The reinsurer is responsible for its pro rata share of the policy's cash surrender value.
		The primary company realizes a more rapid growth in assets than under the yearly renewable term plan of reinsurance.
		The reinsurer accumulates and holds the assets supporting the policy reserves for the amount of insurance transferred.