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Amount Explanation Delta Insurance is a property insurer that entered into a surplus-share reinsurance treaty with Eversafe Re. Delta has a retention limit of $200,000

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Amount Explanation Delta Insurance is a property insurer that entered into a surplus-share reinsurance treaty with Eversafe Re. Delta has a retention limit of $200,000 on any single building, and up to nine lines of insurance may be ceded to Eversafe Re. A building valued at $1,600,000 is Insured with Delta. Shortly after the policy was issued, a severe windstorm caused an $800,000 loss to the building, How much of the loss will Delta pay? How much of the loss will Eversafe Re pay? What is the maximum amount of insurance that Delta can write on a single building under the reinsurance agreement? Explain your Answer for bi 13 A large casualty insurer writes substantial amount of private passenger auto insurance. An actuary analyzed claims data for a specific class of drivers for a recent 1-year policy period. The claims data showed that the insurer paid out $30 million for incurred low and low-adjustment expenses for each 100,000 can insured for 1 year. Based on the pure premium method, calculate the pure Pure Premium Amount

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