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Apex Health Insurance has a retention limit of $100,000 (called a line) for a single policy, and that nine lines, or $900,000, are ceded to
Apex Health Insurance has a retention limit of $100,000 (called a line) for a single policy, and that nine lines, or $900,000, are ceded to Geneva Re by the surplus treaty. Assume that a $500,000 policy is issued. How much sum insured does Apex takes, which is the value of X in the table? (use an integer number for your answer, such as 123456)
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