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Quota Share Practice A primary insurer has a quota share treaty with a reinsurer. The treaty has a $ 3 0 0 , 0 0

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 C insures 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
Reilssurer
Total
Policy A
Amount of Insurance
Premiums
Losses
\table[[,,45,000.00
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