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The Insure All insurance company has a 70/30 Quota Share agreement with ReinsureRe. They have insured a building for $12Million coverage. The premium is $8,420.
- The Insure All insurance company has a 70/30 Quota Share agreement with ReinsureRe. They have insured a building for $12Million coverage. The premium is $8,420.
- How much of the coverage and premium would be ceded to ReinsureRe with Insure Alls 30% retention?
- How much loss would be ceded to ReinsureRE for a loss of $600,000?
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
