Explain why each of the following statements is false. 1. Th…

Explain why each of the following statements is false. 1. The main purpose for pro rata quota share reinsurance is to stabilize loss experience. 2. Excess of loss per policy reinsurance is the best option if the goal is providing surplus relief. 3.  If an analysis of losses indicates the presence of inflationary trends, the best approach is to treat these losses as not credible.