Exam (elaborations)
CAIB 2 Chapter 1 Practice Exam 2 Questions and Answers
- Module
- Institution
Identify the company which assumes the greatest portion of an account - Answer- Lead Company What is re-insurance - Answer- an insurance company 'ceding' part of the risk to a re-insurer What are three considerations used when determining amounts of indemnity? - Answer- i) Actual Cash Value o...
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