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In terms of Insurance: Briefly define: Facultative Reinsurance Treaty (Obligatory) Reinsurance Quota Share Reinsurance Surplus Reinsurance Per Risk Excess of Loss Reinsurance

In terms of Insurance:

Briefly define:
1. Facultative Reinsurance
2. Treaty (Obligatory) Reinsurance
3. Quota Share Reinsurance
4. Surplus Reinsurance
5. Per Risk Excess of Loss Reinsurance

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