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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Q. What factors affect the rating of the first layer of catastrophe cover?

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

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Q. What is the potential solution to the problem of catastrophe covers that reinsurers may consider?

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Q. How is the surplus in excess of the first surplus treaty ceded?

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Q. What is the maximum liability for the second surplus treaty determined by?

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Q. When is it possible to build up a treaty with a reasonable balance?

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