Question

What is the nature of accounts under non-proportional treaties?

a.

They focus on premium and claim reserves

b.

They primarily deal with losses on a cash loss basis

c.

They involve profit commission calculations

d.

They require complex financial statements

Answer: (b).They primarily deal with losses on a cash loss basis Explanation:Accounts under non-proportional treaties primarily deal with losses on a cash loss basis.

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Q. What is the nature of accounts under non-proportional treaties?

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