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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Q. What information do reinsurers require when Auto/Fac cover contains only peak risks?

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Q. What do reinsurers on higher surpluses and on facultative reinsurance examine?

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Q. When may insurers resort to group underwriting?

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Q. What is group underwriting?

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Q. For what type of risks is reinsurance on an excess of loss basis possible?

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Q. What happens when the excess of loss reinsurer asks for too big a share of the original premium?

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