Question

What information is typically included in a bordereaux?

a.

Name of insured, class of risk, sum insured, premium rate, ceding insurer’s retention, amount reinsured, and period of insurance

b.

Name of reinsured, class of risk, sum insured, premium rate, ceding insurer’s retention, amount reinsured, and period of insurance

c.

Name of insured, class of risk, sum insured, premium rate, reinsurer’s retention, amount reinsured, and period of insurance

d.

None of the above

Posted under IC85 Reinsurance Management

Answer: (a).Name of insured, class of risk, sum insured, premium rate, ceding insurer’s retention, amount reinsured, and period of insurance Explanation:A bordereaux typically includes the name of insured, class of risk, sum insured, premium rate, ceding insurer’s retention, amount reinsured, and period of insurance.

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Q. What information is typically included in a bordereaux?
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