Q. What is the purpose of Working (Risk) Excess of Loss (XL) reinsurance?

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Q. What is the purpose of Risk Excess of Loss reinsurance?

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Q. What is the purpose of Catastrophe Excess of Loss (Cat XL) reinsurance?

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Q. What is the purpose of Surplus facultative & Facultative Excess of Loss reinsurance?

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Q. What is surplus facultative reinsurance?

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Q. What is catastrophe excess of loss reinsurance?

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Q. What is the trigger for stop loss or excess of loss ratio reinsurance?

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Q. What is the difference between Aggregate Excess of Loss and Excess of Loss Ratio reinsurance?

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Q. What is a possible trigger for Aggregate Excess of Loss cover?

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Q. What is Whole Account Excess of Loss cover?

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Q. ABC insurer wants to protect his whole book of business. Hence he enters into an arrangement where a single composite cover is installed for protection of its whole business, incorporating all classes of business. This arrangement is known as __________________.

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Q. In non-proportional treaty, how can the reinsured split and structure their total XL requirement?

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Q. What is co-insurance in excess of loss cover?

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Q. What is co-insurance in excess of loss cover?What is the definition of ultimate net loss in non-proportional reinsurance?

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Q. What costs are included in the calculation of ultimate net loss in non-proportional reinsurance?

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Q. Which of the following is an important consideration when setting the reinsured's retention for the excess of loss cover in non-proportional reinsurance?

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Q. What is ultimate net loss in non-proportional reinsurance?

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Q. What is one of the most difficult decisions the reinsured has to make in non-proportional reinsurance?

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Q. What is Mindip in non-proportional reinsurance?

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Q. What is ultimate net loss?

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