Quota Share Practice A primary insurer has a quota share treaty with a reinsurer. The treaty has a $300,000, a retention of 30% and a cession of 70%. The following three policies are issued by the primary insurer and are subject to the pro rata treaty. Policy A insures a building for $45,000 for a premium of $1,100, with one loss of $10,000. Policy B insures a building for $200,000 for a premium of $2,250, with one loss of $1,200. Policy Cinsures a building for $100,000 for a premium of $1,500, with one loss of $5,220. Show the division of insurance, premiums and losses under the treaty. Primary Reinsurer Total Policy A Amount of Insurance Premiums Losses Policy B Amount of Insurance Premiums Losses Policy C Amount of Insurance Premiums Losses Quota Share Practice A primary insurer has a quota share treaty with a reinsurer. The treaty has a $300,000, a retention of 30% and a cession of 70%. The following three policies are issued by the primary insurer and are subject to the pro rata treaty. Policy A insures a building for $45,000 for a premium of $1,100, with one loss of $10,000. Policy B insures a building for $200,000 for a premium of $2,250, with one loss of $1,200. Policy Cinsures a building for $100,000 for a premium of $1,500, with one loss of $5,220. Show the division of insurance, premiums and losses under the treaty. Primary Reinsurer Total Policy A Amount of Insurance Premiums Losses Policy B Amount of Insurance Premiums Losses Policy C Amount of Insurance Premiums Losses