Q. What is the purpose of a facultative obligatory treaty?

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Q. Which type of treaty provides reinsurance protection on a layered basis?

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Q. How are the lower layers of an excess of loss treaty rated?

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Q. What does a stop loss ratio reinsurance arrangement aim to protect?

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Q. Why do ceding insurers value reciprocal reinsurance trading?

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Q. What are the benefits derived from a reciprocal exchange of treaties?

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Q. Which type of insurers are able to exchange business against their first surplus property treaty?

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Q. In which lines of business is reciprocal reinsurance trading widely prevalent?

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Q. In which lines of business is reciprocal reinsurance trading widely prevalent?How does premium reciprocity vary based on profitability in reciprocal reinsurance trading?

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Q. What is a potential danger in accepting a large premium reciprocity from a treaty with low average profitability?

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Q. What are the advantages of larger premium reciprocity for the ceding insurer?

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Q. What should be done to bring down the net profit ceded when accepting a large premium reciprocity?

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Q. What impact should be considered when examining the terms of a treaty exchange through an intermediary?

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Q. What can be concluded about the relationship between profitability and premium reciprocity in reciprocal reinsurance trading?

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Q. What is the purpose of splitting the surplus treaty into two or three surpluses?

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Q. What information do reinsurers typically want to know about rate levels and claims?

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Q. In the placement of the second surplus treaty, what should be aimed for?

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Q. What is the importance of the reinsurer's general business approach in the placement of higher covers?

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Q. When might reinsurers agree to waive bordereaux for Auto/Fac covers?

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Q. Which of the following treaty is used mainly for small accounts where the extra administrative burden of a surplus can be quite large?

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