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Catastrophe Excess of Loss (or Catastrophie Excess of Loss per event) is a very effective means of risk mitigation against large single losses, such as
Catastrophe Excess of Loss (or Catastrophie Excess of Loss per event) is a very effective means of risk mitigation against large single losses, such as a large bodily injury claim in a motor third party liability insurance.
A. True
B. False
Also explain why other option is TRUE/FALSE...
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