Q. What is the term for the date on which a contract is renewed, typically twelve months from the effective date of the contract?

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Q. What is the term for a clause in reinsurance treaties that allows the parties to submit any dispute or controversy to mutually agreed arbitrators instead of following the process of law?

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Q. What is the purpose of the "As If" method in reinsurance?

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Q. What does the term "Assume" or "Accept" refer to in reinsurance?

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Q. What does the term "Balance" represent in reinsurance?

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Q. What is the function of a "Binder" in reinsurance?

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Q. What is the purpose of "Bordereaux" reporting in reinsurance?

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Q. Who is an intermediary that negotiates contracts of reinsurance on behalf of the reinsured?

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Q. What is the burning cost used for in assessing a portfolio of business?

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Q. How is capacity measured for an insurer?

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Q. What does the provision of cash loss in proportional contracts allow the reinsured to do?

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Q. What does catastrophe reinsurance provide coverage for?

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Q. What is another term used to refer to the reinsured or ceding insurer?

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Q. What does the term "cede" refer to in the context of reinsurance?

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Q. What does the term "cede" refer to in the context of reinsurance?What is the key feature of a claims made basis in insurance or reinsurance contracts?

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Q. What is the purpose of the closing particular in reinsurance?

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Q. What does the term "commission" refer to in insurance and reinsurance?

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Q. What does the ceding commission in reinsurance include?

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Q. What does the term "overriding commission" typically refer to in reinsurance?

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Q. What is the purpose of a commutation clause in reinsurance?

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