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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Q. What types of risks are covered under engineering insurance?

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Q. Why do many insurers need to liaise with specialist reinsurers in engineering insurance?

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Q. What is the general practice for retentions in engineering insurance?

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Q. What is the role of reinsurers in fixing retentions for engineering insurance?

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Q. What are the risks associated with ALOP/DSU coverage in engineering insurance?

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Q. In property insurance, the usual risk schedules of retention is based on several risk factors. Which of the following risk factors is not considered while preparing a risk schedule of retentions?

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Q. What is the most common method of reinsurance for motor insurance?

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Q. Which types of vehicles in motor insurance require excess of loss cover due to the high cost of fittings?

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