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30. A reinsurance program is arranged as follows: First layer = 60% quota share (maximum RM2,000,000)Second Layer = 4-line surplus. Based on following, calculate the
30. A reinsurance program is arranged as follows: First layer = 60% quota share (maximum RM2,000,000)Second Layer = 4-line surplus. Based on following, calculate the reinsurance allocation between the cedant and the reinsurers for the risks with sum insured of RM10 Million." O a) RM800,000, RM1,200,000 and RM8,000,000 Ob) RM1,200,200, RM8,000,000 and RM800,000 OC) RM8,000,000, RM1,200,000 and RM800,000 O d) RM600,000, RM1,000,000 and RM8,400,000
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