Q. What is the burning cost basis for rating excess of loss covers for motor insurance?

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Q. What is the main reason for excess of loss covers being suitable for workmen's compensation insurance?

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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?

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Q. What are the three major classes of miscellaneous accident business?

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Q. Which method of reinsurance is normally used in the Miscellaneous Department?

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Q. What types of risks carry catastrophe exposures in Personal Accident business?

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Q. What is the usual method of reinsurance for burglary?

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Q. What are some important aspects to consider when analyzing the gross portfolio for marine-cargo reinsurance?

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Q. What are the three types of miscellaneous accident business?

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Q. What is the normal method of reinsurance in the Miscellaneous Department?

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Q. What is the level of retention based on in the Personal Accident business?

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Q. What type of reinsurance is capable of being used for burglary?

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Q. Why is a quota share treaty not a satisfactory solution for insurers?

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Q. What are the two distinct classes of loss exposures?

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Q. How are retentions fixed for smaller and older vessels?

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Q. What is the purpose of a quota share treaty?

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Q. What is the first step in determining the retention that can be supported by the portfolio of the ceding insurer?

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Q. How is excess of loss protection used by insurers?

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Q. How is the extent of cover necessary for excess of loss protection determined?

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Q. Why is it common practice to place excess of loss cover on a per voyage per event basis?

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