Which one of the following statements correctly describes the claims and loss adjustment expense clause found in a casualty excess of loss reinsurance treaty? Available answer options Select only one option A Disputes over the reinsurer's liability and payment schedule are unavoidable. B A claim commonly must be reported when its claim reserve exceeds 50% of the retention. C The term "Company" in the clause refers to the same entity as the term "Reinsurer." D Any reporting delay on the part of the primary insurer results in arbitration with the reinsurer