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Insurance Company A agrees to accept insurance exceeding Insurance Company B's retention limit, up to $500,000. Insurance Company A is also responsible for paying a
Insurance Company A agrees to accept insurance exceeding Insurance Company B's retention limit, up to $500,000. Insurance Company A is also responsible for paying a ceding commission to compensate for acquisition expenses. This is an example of a/an _______ reinsurance method to share losses. Question 19 options: 1) surplus-share 2) quota-share 3) reinsurance pool 4) excess-of-loss
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