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When selecting treaty reinsurance limits , one factor that should be considered is loss adjustment expenses. Loss adjustment expenses are important because they are Available
When selecting treaty reinsurance limits one factor that should be considered is loss adjustment expenses. Loss adjustment expenses are important because they are
Available answer options
Select only one option
A
Indicative of primary insurers' underwriting practices and internal controls.
B
Prorated between the primary insurer and the reinsurer.
C
Considered part of the loss and generally added to the overall amount of the loss.
D
Equally high for all different types of insurance sold by primary insurers.
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