Question
a.
The reinsurer shares only a portion of the premium with the insurer
b.
The reinsurer shares only the sum at risk, calculated by the reinsurer, with the insurer
c.
The reinsurer shares both the premium and the sum at risk with the insurer
d.
The reinsurer shares only the premium with the insurer
Posted under IC 92 Actuarial Aspects of Product Development
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Q. What is the primary characteristic of the surplus arrangement in reinsurance?
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