Question

What are the main factors in rating a catastrophe cover?

a.

The cover required and degree of exposure to natural perils

b.

The experience of losses in the past

c.

The premium collected over a period of 250 years

d.

Both a and c

Posted under IC85 Reinsurance Management

Answer: (d).Both a and c Explanation:The main factors in rating a catastrophe cover are the cover required and degree of exposure to natural perils and the premium collected over a period of 250 years.

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Q. What are the main factors in rating a catastrophe cover?
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