Q. _____________ is an automatic reinsurance agreement whereby the ceding insurer is bound to part with a fixed percentage of every risk written by it.

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Q. When arranging a surplus treaty agreement in conjunction with a quota share treaty, why is it important to determine whether the surplus treaty is based on net or gross lines?

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Q. In a combined quota share and surplus treaty, what is the purpose of the ceding insurer's retention under the quota share treaty?

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Q. What is the difference between net and gross lines in surplus treaty agreements?

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Q. Can quota share and surplus methods be used together in a reinsurance treaty?

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Q. What is a surplus treaty?

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Q. What is a quota share treaty?

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Q. What is the purpose of a limit in a reinsurance treaty?

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Q. _________________ is a general practice under surplus treaties where the ceding insurer provides the reinsurers with a list detailing the risks ceded to the treaty.

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Q. Are the facilities of portfolio entry premium and portfolio withdrawal premium applicable to marine and aviation reinsurance business?

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Q. What is the portfolio withdrawal premium?

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Q. If a loss occurs before the cession is made, what is the reinsurer's liability?

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Q. What is the liability of the reinsurer under a proportional treaty?

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Q. What happens to policies issued or renewed during a treaty period when the treaty is terminated?

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Q. What is the alternative method for covering corresponding policies in force on the date when a new treaty agreement commences?

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Q. What policies are covered under a proportional treaty?

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Q. When does a proportional treaty begin?

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Q. What happens if a loss occurs before the cession was made under a proportional treaty?

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Q. When does the reinsurer's liability begin under a proportional treaty?

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Q. What is the formula to calculate profit to the treaty?

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