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SOFA-CFE · Question #324

SOFA-CFE Question #324: Real Exam Question with Answer & Explanation

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Question

What is an agreement that releases the reinsurer of all its obligations under the original reinsurance agreement for a negotiated consideration as a final settlement?

Options

  • AStatutory Act
  • BAccounting practices
  • Ccommutation
  • DNone of the above

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