Question

What is portfolio loss entry?

a.

Releasing premium reserves to incoming reinsurers

b.

Adjusting settlement differences in the treaty contract

c.

Debiting outgoing reinsurers with their proportion of estimated outstanding losses

d.

Crediting incoming reinsurers with their proportion of estimated outstanding losses

Answer: (d).Crediting incoming reinsurers with their proportion of estimated outstanding losses Explanation:Portfolio loss entry refers to crediting incoming reinsurers with their proportion of estimated outstanding losses.

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Q. What is portfolio loss entry?

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