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II. Reinsurance Questions: (10 points) If Westleyville Insurance Company is concerned about the financial impact of a single, catastrophic event, they would obtain a/an Reinsurance

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II. Reinsurance Questions: (10 points) If Westleyville Insurance Company is concerned about the financial impact of a single, catastrophic event, they would obtain a/an Reinsurance Treaty. 9. Westleyville obtains this type of treaty from Shield Reinsurance Company with an attachment point of $2,000,000, and a Reinsurance Limit of $5,000,000. What would each company pay for a single tornado property loss of $1,500,000? a. Westleyville b. Shield 10. If a wildfire causes losses of $6,000,000. to homes Insured by Westleyville, what would each company pay: a. Westleyville b. Shield II. Reinsurance Questions: (10 points) If Westleyville Insurance Company is concerned about the financial impact of a single, catastrophic event, they would obtain a/an Reinsurance Treaty. 9. Westleyville obtains this type of treaty from Shield Reinsurance Company with an attachment point of $2,000,000, and a Reinsurance Limit of $5,000,000. What would each company pay for a single tornado property loss of $1,500,000? a. Westleyville b. Shield 10. If a wildfire causes losses of $6,000,000. to homes Insured by Westleyville, what would each company pay: a. Westleyville b. Shield

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