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Assume that a $2 million factory is insured and sustains a $700,000 loss. If pro rata coverage exists in which the primary insurer retains 76

Assume that a $2 million factory is insured and sustains a $700,000 loss. If pro rata coverage exists in which the primary insurer retains 76 percent of the coverage and the reinsurer provides the remaining coverage, how much with the reinsurer pay?

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