Pro-rata reinsurance means:
A) losses, premiums, and expenses are divided proportionately between the primary insurer and reinsurer
B) reinsurance is automatic
C) coverage is available at market rates
D) reinsurance is layered horizontally after the primary's retention
A
Business
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A) culture code designation B) social cluster C) taste culture D) consumption constellation
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Nakumatt, is a supermarket chain in Kenya, where people go to show that they are educated and prosperous and cognizant of larger affairs
Indicate whether the statement is true or false
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