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The insurance company Paris signed a reinsurance agreement with the reinsurance company Berlin in the field of auto insurance. According to the terms of this
The insurance company Paris" signed a reinsurance agreement with the reinsurance company "Berlin" in the field of auto insurance. According to the terms of this agreement, Paris transferred to Berlin 40% of each insured Regardless of the size of the policy. The reinsurer Berlin" pays "Paris" a ceding commission of 10% of the reinsurance premium. a) what type of reinsurance contract is this agreement? b) If the insurance company receives an insurance premium of 300 USD under the motor insurance policy for a car valued at 8,000 USD, what will be the amount of the insured premiums paid to the reinsurer for this policy. C). The car insured for 8000USD was damaged in a traffic accident and the amount of the loss amounted to 3.000 USD. How much will be reimbursed by "Paris" and how much by "Berlin"? In case of "Berlin" bankruptcy, how will the insured be reimbursed
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