Question
a.
Reinsurance where the reinsurer pays any loss on an individual risk below a predetermined retention
b.
Reinsurance where the reinsurer pays any loss on an individual risk in excess of a predetermined retention
c.
Reinsurance where the reinsurer pays the aggregate net loss over a predetermined retention for a portfolio
d.
Reinsurance where the reinsurer pays for losses from specific catastrophic events
Posted under IC 92 Actuarial Aspects of Product Development
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Q. What is Excess of Loss reinsurance?
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