III IC-85 Practice Questions - III IC-85 Reinsurance Management Exam

What is the primary purpose of reinsurance for a primary insurance company?

To increase the primary insurer's capacity to write larger risks. To avoid paying taxes on premium income. To directly interact with the original insured parties. To completely eliminate the risk of insolvency.

Correct Answer:

To increase the primary insurer's capacity to write larger risks.

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