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What is the difference between facultative and treaty reinsurance?a)Facultative reinsurance covers individual risks, while treaty reinsurance covers a specified period of time.b)Facultative reinsurance is more common than treaty reinsurance.c)Facultative reinsurance is used for catastrophic events, while treaty reinsurance is used for individual risks.d)Facultative reinsurance is more expensive than treaty reinsurance.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the difference between facultative and treaty reinsurance?a)Facultative reinsurance covers individual risks, while treaty reinsurance covers a specified period of time.b)Facultative reinsurance is more common than treaty reinsurance.c)Facultative reinsurance is used for catastrophic events, while treaty reinsurance is used for individual risks.d)Facultative reinsurance is more expensive than treaty reinsurance.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between facultative and treaty reinsurance?a)Facultative reinsurance covers individual risks, while treaty reinsurance covers a specified period of time.b)Facultative reinsurance is more common than treaty reinsurance.c)Facultative reinsurance is used for catastrophic events, while treaty reinsurance is used for individual risks.d)Facultative reinsurance is more expensive than treaty reinsurance.Correct answer is option 'A'. Can you explain this answer?.

Solutions for What is the difference between facultative and treaty reinsurance?a)Facultative reinsurance covers individual risks, while treaty reinsurance covers a specified period of time.b)Facultative reinsurance is more common than treaty reinsurance.c)Facultative reinsurance is used for catastrophic events, while treaty reinsurance is used for individual risks.d)Facultative reinsurance is more expensive than treaty reinsurance.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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