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Granite Insurance Company entered into a treaty reinsurance agreement with Rock Solid Reinsurance ( RSR ) . Granite's retention limit is $ 4 0 0
Granite Insurance Company entered into a treaty reinsurance agreement with Rock Solid Reinsurance RSR Granite's retention limit is $ and RSR agreed to provide reinsurance for up to $ million. If Granite writes an $ policy, RSR is responsible for percent of the losses. If Granite insures a $ million risk, RSR is responsible for percent of any losses. What type of reinsurance arrangement did Granite enter into with RSR A reinsurance pool B surplus share reinsurance C facultative reinsurance D excess of loss reinsurance
Granite Insurance Company entered into a treaty reinsurance agreement with Rock Solid Reinsurance RSR Granite's retention limit is $ and RSR agreed to provide reinsurance for up to $ million. If Granite writes an $ policy, RSR is responsible for percent of the losses. If Granite insures a $ million risk, RSR is responsible for percent of any losses. What type of reinsurance arrangement did Granite enter into with RSR
A reinsurance pool
B surplus share reinsurance
C facultative reinsurance
D excess of loss reinsurance
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