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
Why is hotel management important in the tourism sector?​
son4ous [18]

Answer:

it is very important

Explanation:

because tge hotel industry is one of the most important components of the wider service industry.catering for customers who require overnight accommodation. it is also closely accociated with the travel industry and the hospitality industry

8 0
2 years ago
Why did early humans migrate from one place to another?
Tema [17]
It depends on which course you're studying. Different nomads had different reasons. I'm sorry I wasn't able to give you a better answer.
7 0
3 years ago
Five-year-old Sarah tells her kindergarten teacher, "We had dinner at Mark's house last night." The teacher has no idea who Mark
strojnjashka [21]

Answer:

(A) When talking to others, young children often fail to take their listeners' knowledge and perspectives into account.

Explanation:

A five-year-old is still in the process of intellectual development, so she is not yet able to identify perspectives and make logical associations, such as the fact that two people she knows but who are in different environments do not know each other, like the case of the teacher and a personal friend. Adults know this and should seek to develop these skills in children, but in a natural and healthy manner.

8 0
3 years ago
From what you have learned about the judicial system, why are the states allowed to have differences in laws when it comes to:
shepuryov [24]

Hello,

According to what I have read, this has been happening because every United States state is also a sovereign and independent entity in its own right and is granted the power to create and apply laws, and regulate them according to their needs. In addition, some laws, such as certain voting laws and criminal laws and statutes, tend to be somewhat uniform across states; nevertheless, some areas of law can be very, very different from one state to the next.

8 0
3 years ago
Which positive work-related skills does Davis lack? Davis has recently joined a new organization. However, his reporting manager
Elena L [17]

Answer:

Davis lacks problem solving skills and lacks following instructions correctly.

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • What was the legal status of an enslaved person who escaped into the northwest territory
    9·1 answer
  • Neighbor Fred built a retaining wall that was 2 feet outside his property line. What has Fred created?
    11·1 answer
  • If a case is unique, judges have to create new laws based on the general principles suggested by earlier cases. The body of judg
    11·1 answer
  • The federal bureaucracy is part of which branch of the government?executive branch
    6·2 answers
  • What has had the greatest impact on the fishing industry in North American over the past 50 years?
    10·1 answer
  • In what ways are Hinduism and Shintoism similar?
    14·1 answer
  • Which two countries colonized most of Africa?​
    5·1 answer
  • Question 1 of 10
    8·2 answers
  • Why do so many coconut trees grow near the ocean?
    6·2 answers
  • Scientific knowledge is __.is it intuitive or empirical or permanent or subjective.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!