Question

What does the term "gross line" represent in insurance?

a.

The amount of liability retained by the reinsurer

b.

The total amount of premium written by the ceding insurer

c.

The net amount of loss after reinsurance recoveries

d.

The total amount of liability written by the insurer, including reinsurance

Posted under IC85 Reinsurance Management

Answer: (d).The total amount of liability written by the insurer, including reinsurance Explanation:The gross line represents the amount of liability an insurer has written on a risk, including the amount it has reinsured. It refers to the total exposure taken by the insurer, including the portion reinsured.

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Q. What does the term "gross line" represent in insurance?
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