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Insurers buy reinsurance for all of the following reasons EXCEPT: A. Reinsurance allows insurers to stabilize their profits. B. Reinsurance reduces the impact of catastrophic
Insurers buy reinsurance for all of the following reasons EXCEPT:
A. Reinsurance allows insurers to stabilize their profits.
B. Reinsurance reduces the impact of catastrophic losses.
C. Reinsurance increases the capacity for the insurer which allows them to write more business.
D. Reinsurance eliminates the need to pool losses.
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