Question
a.
The reinsurance premium paid by the ceding insurer to the reinsurer(s) is a percentage of the original premium paid by the insured.
b.
The percentage paid to the reinsurer(s) is the same as the percentage of the sum insured ceded by the ceding insurer.
c.
The premiums for any risks excluded from the treaty and return premiums due under cancelled policies are not included in the reinsurance premium.
d.
Commissions paid by the ceding insurer to agents and brokers are deducted from the reinsurance premium.
Posted under IC85 Reinsurance Management
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Q. Which of the following is incorrect with respect to reinsurance premium?
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