Question

How did each of the four subsidiary companies handle their reinsurance cessions?

a.

They handled them through a division styled SWIFT

b.

They matched their treaty cessions to reciprocal inward acceptance of reinsurance

c.

They left it to GIC to handle all non-reciprocal inwards into India

d.

They formed reinsurance pools to increase retained premiums

Posted under IC85 Reinsurance Management

Answer: (b).They matched their treaty cessions to reciprocal inward acceptance of reinsurance Explanation:Each of the four subsidiary companies handled its reinsurance cessions from its head office. In certain lines, the companies matched their treaty cessions to reciprocal inward acceptance of reinsurance

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Q. How did each of the four subsidiary companies handle their reinsurance cessions?
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