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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Q. What types of expenditure are included in the calculation of ultimate net loss?

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Q. What is the ideal level of retention for excess of loss cover?

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Q. What is the difference between retention per risk and retention per event?

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Q. What is the main intention behind the calculation of a suitable rate for a reinsurer?

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Q. What are the factors that affect the rate for excess of loss covers?

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Q. How does the retention of the reinsured affect the rate for excess of loss covers?

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Q. How does the range of insurance business covered affect the rate for excess of loss covers?

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Q. What are the types of risk insured and the size of the sum insured that affect the rate for excess of loss covers?

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Q. How does the lower retention of the reinsured affect the rate?

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