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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Q. Why might a new entrant in the reinsurance business start with domestic business?

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Q. Why might an insurer or reinsurer initially prefer to write only short-tail business?

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Q. What are the potential hazards associated with granting underwriting or binding authority to another insurer or agency?

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Q. Why might some reinsurers have reservations about participating in pools and brokers' covers?

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Q. What are the two options for writing inward reinsurance in terms of intermediaries?

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Q. What is a potential advantage of writing business on a direct basis?

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Q. How do insurers or reinsurers typically approach writing inward business when starting out?

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Q. What should the acceptance limit of a reinsurer be based on?

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Q. Why is it important for the acceptance limit to be sufficiently large?

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Q. What should be emphasized when laying down guidelines for accepting business?

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