Question

Why might a reinsurer insist on a bordereaux for a newly established ceding insurer?

a.

To monitor the ceding insurer's use of the treaty

b.

To increase administrative efficiency

c.

To discourage the ceding insurer from writing certain types of risks

d.

None of the above

Posted under IC85 Reinsurance Management

Answer: (a).To monitor the ceding insurer's use of the treaty Explanation:Reinsurers tend to insist on bordereaux only if the treaty is with a newly established ceding insurer to enable the reinsurer to monitor the ceding insurer's use of the treaty.

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Q. Why might a reinsurer insist on a bordereaux for a newly established ceding insurer?
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