Q. Which of the following methods can assist in improving combined ratio?What is proportional reinsurance?

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Q. What are the two types of proportional reinsurance?

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Q. What is surplus reinsurance?

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Q. What is the ceding insurer's retention in surplus reinsurance?

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Q. How are the limits of surplus stated?

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Q. What is probable maximum loss (PML)?

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Q. What is the benefit of using PML as a basis for surplus reinsurance?

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Q. What is Quota Share Reinsurance?

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Q. What is Fixed Quota Share Reinsurance?

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Q. How is the percentage of retention determined in Variable Quota Share Reinsurance?

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Q. How are premiums and claims shared in Fixed Quota Share Reinsurance?

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Q. How is Variable Quota Share Reinsurance graduated to align with the occupancy of risk?

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Q. What is quota share reinsurance?

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Q. How is the percentage of retention determined in fixed quota share reinsurance?

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Q. Why are quota share treaties usually more profitable to reinsurers?

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Q. Why is the quota share method adopted for short-term specialized requirements rather than as a long-term arrangement?

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Q. When is quota share reinsurance protection typically used by a newly established insurer?

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Q. In the surplus method, who decides the limit of liability which can be retained on any one risk or class of risk?

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Q. What is a "line" in a surplus treaty?What happens if the ceding insurer decides to retain only Rs. 3,00,000 for a particular risk under a surplus treaty?

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Q. What is a "line" in a surplus treaty?

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