Q. In a year of catastrophe, the reinsurance programme should be designed in such a manner that ________________

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Q. What is the correct approach for the evaluation of outward arrangements?

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Q. What is the primary purpose of reinsurance?

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Q. What is the purpose of the cash loss recovery facility in outward arrangements?

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Q. In a year of catastrophe, what must the programme design take care of?

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Q. What helps the insurer to keep their well invested funds intact in situations where substantial gross payments need to be made immediately in respect of risks which are retained marginally?

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Q. What does the programme design address in addition to providing a stable experience to the net account and giving a sufficient balance at each year end?

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Q. In order to eliminate the strain arising from immediate gross payments in respect of risks which are retained marginally, what is administered in all outward arrangements?

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Q. In ________________ business, a mix of risks producing a broad based premium and giving a good treaty balance, yielding fairly sustained positive results over a period of time is needed.

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Q. What is the basis for determining the economics of each reinsurance arrangement?

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Q. Why is it necessary to review the working of reinsurance arrangements each year?

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Q. What is the purpose of reinsurance?

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Q. What is needed for a ceding arrangement for reciprocal business?

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Q. How should reinsurance cessations be evaluated for outward arrangements?

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Q. How should reinsurance cessations be evaluated for outward arrangements?What factors should be considered when determining the economics of each ceding arrangement?

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Q. What is the purpose of ceding arrangements in reinsurance?

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Q. The anticipated incurred loss ratio to the gross and net accounts in a class are very good indices for measuring the effect of the programme on retentions. Which of the following is true in the context of gross direct account?

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Q. What is the relevance of reinsurance market conditions in reinsurance program design?

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Q. Why is investment and liquidity policy important in reinsurance program design?

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Q. What is the relevance of management, underwriting, and claims handling capabilities in reinsurance program design?

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