Question
a.
When the second surplus treaty is very unbalanced
b.
When a large number of risks are ceded to the second surplus treaty
c.
Both a and b
d.
None of the above
Posted under IC85 Reinsurance Management
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. When is it possible to build up a treaty with a reasonable balance?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What information do reinsurers require when Auto/Fac cover contains only peak risks?
View solution
Q. What do reinsurers on higher surpluses and on facultative reinsurance examine?
View solution
Q. When may insurers resort to group underwriting?
View solution
Q. What is group underwriting?
View solution
Q. For what type of risks is reinsurance on an excess of loss basis possible?
View solution
Q. What happens when the excess of loss reinsurer asks for too big a share of the original premium?
View solution
Q. What types of risks are covered under engineering insurance?
View solution
Q. Why do many insurers need to liaise with specialist reinsurers in engineering insurance?
View solution
Q. What is the general practice for retentions in engineering insurance?
View solution
Q. What is the role of reinsurers in fixing retentions for engineering insurance?
View solution
Q. What are the risks associated with ALOP/DSU coverage in engineering insurance?
View solution
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?
View solution
Q. What is the most common method of reinsurance for motor insurance?
View solution
Q. Which types of vehicles in motor insurance require excess of loss cover due to the high cost of fittings?
View solution
Q. What is the burning cost basis for rating excess of loss covers for motor insurance?
View solution
Q. What is the main reason for excess of loss covers being suitable for workmen's compensation insurance?
View solution
Q. Why is it wise to reinsure out on a proportional basis any risks carrying high exposure or risks where the rate level is considered inadequate?
View solution
Q. What are the three major classes of miscellaneous accident business?
View solution
Q. Which method of reinsurance is normally used in the Miscellaneous Department?
View solution
Q. What types of risks carry catastrophe exposures in Personal Accident business?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
