Question

What percentage of the premiums of the previous year is typically used for portfolio transfer in surplus and quota share treaties?

a.

20% to 25%

b.

30% to 35%

c.

35% to 40%

d.

40% to 45%

Answer: (c).35% to 40% Explanation:The percentage of premium for effecting portfolio withdrawal and entry in surplus and quota share treaties is usually 35% to 40%, without deduction for reinsurance commission.

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Q. What percentage of the premiums of the previous year is typically used for portfolio transfer in surplus and quota share treaties?

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