Huge Insurance Company is a property insurer that is interested in pro
Huge Insurance Company is a property insurer that is interested in protecting itself against cumulative losses that exceed $200 million during the year. This protection can best be obtained using a(n)
A) quota-share reinsurance treaty.
B) surplus-share reinsurance treaty.
C) excess-of-loss reinsurance treaty.
D) reinsurance pool.
ANSWER
Answer: C
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