Q. Why is intimate knowledge of markets and classes of business essential for transacting inward reinsurance business?

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Q. What has changed in the composition of reinsurance capacity in recent years?

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Q. Why should an insurer or reinsurer plan to write a reasonably large line when transacting inward reinsurance business?

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Q. What percentage of global reinsurers rely on retrocessional protection?

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Q. What is the purpose of retrocession in the risk management process of reinsurers?

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Q. How does credit rating assist in determining the quality of retrocession offers?

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Q. What is the role of a management information system in writing inward reinsurance?

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Q. How can accumulation risks arising from inward reinsurance business be controlled?

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Q. What are the two options available to an insurer or reinsurer accepting reinsurance business?

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Q. Why might an insurer or reinsurer starting to write reinsurance business initially choose to write only net lines?

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Q. What is the purpose of a retrocession treaty?

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Q. Why might selling a retrocession treaty placed abroad be challenging?

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Q. What is the relationship between over-riding commission and administrative cost in a retrocession arrangement?

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Q. Which type of reinsurance business involves more administrative work?

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Q. In which type of reinsurance business is premium volume built up faster?

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Q. What distinguishes proportional reinsurance from non-proportional reinsurance?

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Q. What advantage does non-proportional reinsurance offer to the reinsurer?

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Q. What type of reinsurance involves accumulations under various treaties?

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Q. Which factor is important to consider when determining the territorial scope of reinsurance business?

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Q. Which markets may an insurer or reinsurer wish to avoid for political or economic reasons?

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