Question
a.
At the beginning of the design stage
b.
Throughout the year
c.
At the finalization of the programme design
d.
After the programme year ends
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 do negotiations for actual limits and terms take place in the programme design stage?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. Which parties compete during the negotiation stage?
View solution
Q. What is a key consideration in negotiations regarding the ceding insurer?
View solution
Q. What information does a reinsurer want to know about the underwriter of a ceding insurer?
View solution
Q. Why it is the dangerous to accept too much business of a particular class in a particular territory?
View solution
Q. What is the significance of following a leader in treaty negotiations?
View solution
Q. What is reciprocity in the context of treaty reinsurers?
View solution
Q. What should reinsurers ensure regarding the ceding insurer's retention?
View solution
Q. What is the reason behind progressively reducing commission terms for cessions at higher level surpluses?
View solution
Q. What is the reason behind progressively reducing commission terms for cessions at higher level surpluses?Why do reinsurers prefer securing a waiver of reserves in treaties?
View solution
Q. What is the benchmark for assessing a country's financial ability to honor transactions?
View solution
Q. What does a Standard & Poor rating of BBB indicate for a country and its businesses?
View solution
Q. Why is exchange rate fluctuation considered a major consideration in reinsurance transactions?
View solution
Q. What should be considered when assessing the tax system for reinsurance transactions in various countries?
View solution
Q. What is the primary purpose of a surplus treaty in reinsurance?
View solution
Q. When is a quota share treaty typically used?
View solution
Q. What is the characteristic of a variable quota share treaty?
View solution
Q. What is the purpose of placing business facultatively in reinsurance?
View solution
Q. How does a Risk Excess cover operate?
View solution
Q. What is the purpose of a facultative obligatory treaty?
View solution
Q. Which type of treaty provides reinsurance protection on a layered basis?
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!