Question

What information is summarized in a sheet for treaties with reciprocal exchange?

a.

Cessions and acceptances

b.

Premiums and commissions

c.

Incurred claims and net results

d.

All of the above

Answer: (d).All of the above Explanation:In treaties with reciprocal exchange, a summary sheet is prepared that shows cessions on one side and matching acceptances on the other side. This sheet includes information such as cessions, acceptances, premiums, commissions, incurred claims, and net results for each contract year. It provides an overview of the historical exchange of results and helps assess the impact of changes in the rate of exchange.

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Q. What information is summarized in a sheet for treaties with reciprocal exchange?

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