[Answer] Which of the following sells reinsurance?The surplus lines insurerThe ceding insurerThe assumptive insurerThe assuming insurer

Answer: The assuming insurer

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Which of the following sells reinsurance?The surplus lines insurerThe ceding insurerThe assumptive insurerThe assuming insurer The surplus lines insurer The ceding insurer The assumptive insurer The assuming insurer . ... If an Insurer decides to waive its right to certain information which of the following prevents the insurer from reasserting its right at a later time? The … Sat Mar 07 2020 · Surplus lines insurance carries additional risk for the policyholder as there is no guaranty fund from which to obtain a claim payment if the surplus line insurer goes bankrupt as is the case with ... Thu Jan 09 2020 · Reinsurance ceded gives the ceding insurer more security for its equity solvency and more stability when unusual or major events occur. Reinsurance also allows an insurer the freedom to ... Surplus Lines Insurance Definition FAQ: What is Surplus Line Insurance? Surplus Lines Insurance Definition Surplus Lines Insurance Definition A. The insurance must be placed to a licensed Fl surplus lines agent through a licensed Fl agent or a representative of a surplus lines insurer B. The insurance must be eligible for export C. The insurer must be an eligible surplus lines insurer in the state D. The insurance coverage cannot be procured from authorized insurers (standard line ... The main advantages of surplus reinsurance are: • It enables an insurer to write larger risks which are too “big” to be retained fully. • It enables the insurer to choose within limits the size of risk that it will retain helping control overall business volumes fine-tu...

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