Q. What is deducted from earned premiums?

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Q. What are incurred losses?

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Q. What is added to incurred losses?

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Q. What is the purpose of a provisional commission?

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Q. How is the provisional commission determined?

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Q. What does a sliding scale of commission aim to do?

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Q. What is the purpose of the table of "Sliding Scale of Commission"?

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Q. What is the purpose of overriding commission?

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Q. How can the overriding commission payable by the reinsurer be calculated?What is brokerage in reinsurance?

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Q. How can the overriding commission payable by the reinsurer be calculated?

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Q. How is the percentage of brokerage payable determined?

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Q. What is profit commission in reinsurance?

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Q. What are the two types of profit commission statements?

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Q. Is profit commission common in non-proportional treaties?

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Q. What is the difference between a profit commission on an "Accounting Year" basis and an "Underwriting Year" basis?

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Q. What reserves are mentioned in the profit commission statement on an "Accounting Year" basis?

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Q. When are readjustment statements rendered in a profit commission on an "Underwriting Year" basis?

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Q. What can be done with the outstanding liability of an "Underwriting Year" in profit commission calculations?

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Q. What reserves are not included in the profit commission statement on an "Underwriting Year" basis?

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Q. When does the ceding insurer prepare a statement to determine whether a treaty shows a profit or a loss?

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