Multiple choice general knowledge

While issuing new business the reinsurance details comes from the master's reinsurance setting

  1. True

  2. False
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A Correct answer
Explanation

When issuing new business in insurance systems, the reinsurance details are inherited from the master policy's reinsurance settings. This is standard system behavior - new policies default to the reinsurance configuration established at the master level, ensuring consistency and proper risk distribution according to the master policy terms.

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