is this right??

2. Assume a per-risk excess of loss facultative reinsurance agreement with deductible of $1,000,000 and policy limit of $5,000,000 is in place. For a primary policy with deductible of $50,000 and policy limit of $6,000,000, how much will the policyholder, ceding company and reinsurer pay? a) For a loss of $1,000,000, 1) Policyholder pays: $50,000 2) Ceding insurer pays: (1,000,00050,000)=$950,000 3) Reinsurer pays: S0 b) For a loss of $4,000,000, 1) Policyholder pays: $50,000 2) Ceding insurer pays: $1,000,000 3) Reinsurer pays: $$4,000,000($1,000,000+$50,000)=$$2,950,000