Question

Which of the following is NOT included in the reinsurance premium?

a.

Premiums for any risks excluded from the treaty

b.

Commissions paid by the ceding insurer to agents and brokers

c.

Return premiums due under cancelled policies

d.

All of the above are not included in the reinsurance premium

Answer: (d).All of the above are not included in the reinsurance premium Explanation:The premiums for any risks excluded from the treaty and return premiums due under cancelled policies are not included in the reinsurance premium. Commissions paid by the ceding insurer to agents and brokers are also not deducted from the reinsurance premium.

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Q. Which of the following is NOT included in the reinsurance premium?

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