The Fortress Re accounting risk transfer procedures
A.
made it straightforward for TFMI to determine whether risk had actually been transferred and they decided not to take out more catastrophe insurance cover
B.
made it difficult for TFMI to determine whether risk had actually been transferred so they had to take out additional catastrophe insurance cover
C.
made it straightforward for TFMI to determine when the risk had been transferred and to take out additional catastrophe insurance cover
D.
made it difficult for TFMI to determine whether risk had actually been transferred and whether it had sufficient catastrophe insurance cover
The Answer Is:
D
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