Economics · Economy
A General Insurance company transfers a major portion of a large risk exposure that exceeds its retention limit to various international entities. This process is a classic example of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Catastrophe Bond Issuance
- 2Reinsurance✓
- 3Facultative Insurance Broking
- 4Risk Securitization
Correct answer
Reinsurance
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