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Dave's Insurance has a property per risk excess of loss treaty with Hannock Re that includes a reinsurance premium clause. Which one of the following
Dave's Insurance has a property per risk excess of loss treaty with Hannock Re that includes a reinsurance premium clause. Which one of the following best describes how Hannock Re will benefit from its inclusion in the treaty? Available answer options Select only one option A The reinsurance premium clause establishes exactly what the premium will be for the coverage provided. B The reinsurance premium clause specifies that Dave's cannot transfer catastrophe liability through the treaty. C XOL reinsurers share the primary insurer's premium similar to other pro rata reinsurers. D The deposit premium, always representing the final amount due, helps Hannock with a pre-planned amount
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