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____________ is the reinsurance of part or all of (the insurance provided by) a single policy, with separate negotiation for each cession.
Suggested Answer: D
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34 comments · newest first
IS
Isaac
11 months ago
Aggregate placement doesn't fit here at all.
LI
Lino
11 months ago
Wait, is that really the definition? Sounds off.
RA
Raina
11 months ago
Totally agree, Facultative is the way to go.
CO
Corinne
11 months ago
I thought it was pro rata treaty?
MU
Murray
12 months ago
That's definitely Facultative!
AR
Ardella
12 months ago
I feel like pro rata treaty is more about sharing risk across multiple policies, so I think the answer is facultative.
BL
Blair
12 months ago
I'm a bit confused about this one. I thought aggregate placement was related to grouping policies, but now I'm not so sure.
MA
Marjory
1 year ago
I remember practicing a question similar to this, and I think facultative is when you negotiate each policy separately.
NO
Nobuko
1 year ago
I think the answer might be facultative, but I'm not entirely sure. We covered it in class, but I get it mixed up with treaties sometimes.
SA
Samira
1 year ago
I'm a bit confused by the severity and priority not making sense. I'll need to double-check that part of the incident report.
AP
Apolonia
1 year ago
This seems like a straightforward TOGAF question. I'll review the Preliminary Phase activities and see which one matches the description.
BR
Brittni
1 year ago
This is a tricky question. I'm not entirely confident, but I think the answer is A. The auditor isn't required to search for all significant deficiencies, but they do need to perform procedures to understand the design of internal control. I'll double-check my notes to be sure.
EL
Elbert
1 year ago
I'm a bit confused on this one. I know there are ways to modify the blockchain, but I'm not sure if a developer can just change the code or if there are more complex steps involved.
RO
Rosio
1 year ago
Haha, this reminds me of that episode of 'The Office' where they're all trying to pass the certification exam. I'm gonna go with B) Facultative, seems like the most accurate choice here.
GI
Gilberto
1 year ago
I'm sticking with B) Facultative, it just makes the most sense to me.
SA
Sabra
1 year ago
No way, I'm pretty sure it's C) aggregate placement.
MI
Ming
1 year ago
I think it's A) pro rata treaty, actually.
JA
Jacklyn
1 year ago
Okay, let's see... A) pro rata treaty is about proportional reinsurance, and C) aggregate placement is a different concept. I'm going with B) Facultative, that's my final answer!
BR
Brett
1 year ago
I'm not sure, but I think C) aggregate placement might be the answer.
FR
Francis
1 year ago
I disagree, I believe B) Facultative is the correct choice.
AN
Andree
1 year ago
I think A) pro rata treaty is the best option here.
GE
Georgiana
1 year ago
Ah, I was debating between B) Facultative and C) aggregate placement, but I think B is the better choice here. Gotta love these reinsurance terminology questions!
SH
Sharika
1 year ago
Definitely, reinsurance terminology can be tricky to navigate.
CH
Chara
1 year ago
It can be confusing, but once you understand the terms, it becomes clearer.
IZ
Izetta
1 year ago
Yeah, Facultative reinsurance involves separate negotiation for each cession.
CA
Carla
1 year ago
I agree, B) Facultative is the correct choice for this question.
NA
Na
1 year ago
Yeah, B) Facultative is the way to go for this one. It's all about that separate negotiation for each cession.
MI
Michael
1 year ago
I went with C) aggregate placement, but now I see why B) Facultative makes more sense.
OR
Oretha
1 year ago
I think B) Facultative is the correct choice as well. It's all about that separate negotiation.
CA
Caprice
1 year ago
I agree, I also chose B) Facultative. It seems like the most fitting option.
DA
Dawne
1 year ago
Hmm, this seems like a straightforward reinsurance question. I think the answer is B) Facultative, since that refers to the reinsurance of a single policy.
IZ
Izetta
2 years ago
I'm not sure, but I think it might be B) Facultative.
DE
Denny
2 years ago
I agree with Merilyn, pro rata treaty makes sense for this question.
ME
Merilyn
2 years ago
I think the answer is A) pro rata treaty.