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SOFA-CFE · Question #329

SOFA-CFE Question #329: Real Exam Question with Answer & Explanation

The correct answer is A. True. See the full explanation below for the reasoning.

Question

A retrocession is a transaction whereby a reinsurer, called the retrocedent, cedes to another reinsurer, known as the retrocessionaire.

Options

  • ATrue
  • BFalse

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