(A) The reinsurer is obligated to accept all loss exposures underwritten by the primary insurer.
(B) The primary insurer must negotiate a separate agreement for each loss exposure it wants to reinsure.
(C) The reinsurer agrees in advance to accept a set proportion of all loss exposures underwritten by the primary insurer.
(D) Both the primary insurer and the reinsurer may cancel the contract at any time with sufficient notice.
(E) Reinsurance protection continues as long as the primary insurer renews the insured’s coverage.