7
AssignmentMultiple Choice

Asset-backed Securities, Loan Sales, and Derivatives

Question 7 of 11 • (AG Q4) Financial Literacy: 25-26 (JRush)

Reinsurance companies are important mainly because they _____.

Answer
A
offer insurance to people who are difficult to insure
B
provide insurance companies with a way to stop losses
C
manage insurance companies’ reserve accounts
D
make additional insurance policies available to some people
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