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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Q. How does the range of insurance business covered affect the rate?

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Q. What is the importance of past experience to the reinsurer?

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Q. What is Burning Cost?

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Q. What is Burning Cost?What are Incurred But Not Reported (I.B.N.R.) claims?

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