Question
a.
A form of excess of loss reinsurance
b.
A type of reinsurance treaty
c.
A retroactive pricing mechanism for reinsurance
d.
A pro rata reinsurance that indemnifies the ceding insurer up to the surplus insurance liability
Posted under IC85 Reinsurance Management
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What is "Surplus Reinsurance"?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is a "Surplus Treaty" in pro rata reinsurance?
View solution
Q. What is a "Syndicate" in the insurance industry?
View solution
Q. What is a "Treaty" in the context of reinsurance?
View solution
Q. What is a "Treaty" in the context of reinsurance?What is the meaning of "Uberrimae Fidei"?
View solution
Q. What is "Ultimate Net Loss" in reinsurance?
View solution
Q. What does "Underlying" refer to in insurance or reinsurance?
View solution
Q. What is the meaning of "Underwriting Year Experience"?
View solution
Q. What does the term "Underwriting-Year Basis" refer to in rating?
View solution
Q. What is the definition of "Unearned Premium Reserve"?
View solution
Q. What does "Utmost Good Faith" mean?
View solution
Q. What is the characteristic of a "Working Excess" reinsurance cover?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
