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Assume that ABC Insurance has a retention limit of $300,000 for a single policy, and $800,000 are ceded to XYZ Re. Assume that a $900,000
Assume that ABC Insurance has a retention limit of $300,000 for a single policy, and $800,000 are ceded to XYZ Re. Assume that a $900,000 property insurance policy is issued. What will be share of losses for both companies if there is a loss of $100,000 and both companies have surplus-share treaty agreement? Assume that ABC Insurance has a retention limit of $300,000 for a single policy, and $800,000 are ceded to XYZ Re. Assume that a $900,000 property insurance policy is issued. What will be share of losses for both companies if there is a loss of $100,000 and both companies have surplus-share treaty agreement
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