1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lana [24]
3 years ago
10

All the following statements regarding reinsurance are correct EXCEPT:

Social Studies
1 answer:
Serga [27]3 years ago
4 0

Answer:

D. Claims are paid to the policyowner separately by each insurer participating in the reinsurance agreement.

Explanation:

Option D is correct because it does not apply to reinsurance.

In reinsurance, the company known as the insurer accepting part of the risk that are being transferred from another insurer is known as the reinsuring company.

Also, the insurer that is seeking to transfer part of its risk to another insurer is called the ceding company. Reinsurance is a risk sharing process between the insuring companies. Insurer that transfers part of his risk to another insurer does that in order to limit their total loss which they might incur in the case of any disaster.

You might be interested in
What is the size and shape of brazil.
kati45 [8]
It covers an area of 8,511,965 sq km<span> (3,286,488 sq mi), extending 4,395 km (2,731 mi) </span><span>N </span><span>– </span><span>S </span><span>and 4,320 km (2,684 mi) </span><span>E </span><span>– </span><span>W </span>.<span>


</span>
8 0
3 years ago
What standards help people to identify what is good, desirable, and beautiful?
trapecia [35]
The answer is Customs 
7 0
3 years ago
Read 2 more answers
Background information: This national security policy speech was given by US Secretary of State Dean Acheson in 1949. Acheson ga
saul85 [17]

The context of the speech can be placed on what is promoted on the Charter of the Organization of American States (OAS), founded back in 1910 under the name of Pan American Society of the United States as a regional agency dedicated to promote peace, collaboration and solidarity among the countries of North, Central and South America. Dean Acheson was known at some point as the architect of foreign policy during the Truman administration. The speech of Dean Acheson back in 1949, made reference to those cases when a government is overthrown and a military one takes place instead. This used to be a common situation in Central and South America until 1990s. It is important to retrieve some principles that can be found on the charter followed by the organization, “the Organization of American States has no powers other than those expressly conferred upon it by this Charter”, so at some point specially during the 1950s and 1960s, United States must find ways to negotiate and relate with this military governments which arose all over the region.  

It is also important to considered some of the principles present on the charter that allows us to understand the posture presented by Dean Acheson in his speech, one of them is “to promote and consolidate representative democracy, with due respect for the principle of nonintervention”, another is how “international order consists essentially of respect for the personality, sovereignty, and independence of States, and the faithful fulfillment of obligations derived from treaties and other sources of international law”, so, according to these principles it can be said that the statement which best summarizes his quote is: The United States might recognize military rulers, but it does not necessarily support them.


8 0
3 years ago
Read 2 more answers
Which of the following statements describes a need or problem that can be solved using the technology design process.
Leto [7]
The correct answer is B
4 0
2 years ago
What is the effect of Hand-Scattering seeds over the fields leads to waste.
lesantik [10]
Its becuase plants dont grow every where its only in certain rows
8 0
3 years ago
Other questions:
  • How did the views of w.<br> e.<br> b. du bois change as he grew older?
    6·2 answers
  • An important result of the industrial revolution in the 19th century Western Europe was that
    8·1 answer
  • According to sociologists Langhout and Mitchell, the __________ results in African American and Latino boys being disproportiona
    8·1 answer
  • Think about a new invention you would like to create
    11·1 answer
  • Extreme temperatures that are typical of the Sahara desert can best be described as __________.
    15·2 answers
  • Which amendment stops the government from using cruel and unusual punishment?
    7·2 answers
  • Which action is an example of how an interest group engages in lobbying?
    7·1 answer
  • The convection currents responsible for the shifting surface of Earth occur in what layer of our planet?
    5·1 answer
  • W.E.B. did not experience racism as a child which influenced him to believe in standing up and
    11·1 answer
  • Individuals typically purchase a hybrid or electric vehicle in order to conserve
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!