Q. What is the purpose of a schedule of retentions?

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Q. Which of the following is a catastrophe peril?

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Q. How is exposure per event controlled in areas with multiple risks affected by one event?

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Q. Why is it difficult to determine accumulation in catastrophe perils?

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Q. What is the purpose of catastrophe cover protection?

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Q. What is the purpose of a well-drawn schedule of retentions?

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Q. Why is catastrophe cover protection needed?

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Q. What is the problem with determining accumulation of risk?

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Q. How is the problem of accumulation of risk in conflagration areas solved?

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Q. How do insurers augment their retention?

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Q. What is the purpose of a catastrophe cover?

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Q. What is the problem with placing catastrophe covers without proper data?

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Q. What has made catastrophe covers progressively more exposed?

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Q. Why are catastrophe covers normally split into layers?

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Q. Why are reinsurers growing more insistent on receiving underwriting data?

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Q. What is the basis for rating the first layer of catastrophe cover?

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Q. What is the concern of reinsurers regarding the ceding insurer on catastrophe covers?What is the purpose of a second surplus treaty?

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Q. What is the concern of reinsurers regarding the ceding insurer on catastrophe covers?

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Q. What do reinsurers require regarding the portfolio of business ceded under Auto/Fac cover?

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Q. What should be done when the Auto/Fac cover contains only peak risks and a large reinsurance capacity is required?

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