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The primary insurer has a quota share treaty with a reinsurer as shown below: he risk premium is decided as 0.002 of the risk amount
The primary insurer has a quota share treaty with a reinsurer as shown below: he risk premium is decided as 0.002 of the risk amount (sum insured) The sum insured by the primary insurer is 1,000,000. According to the treaty, the primary insurer retain 60% of the sum insured and the einsurer accept the 40% of the sum insured. It the end of the insurance period, the amount of losses is reported as 800,000. How much will the reinsurer pay, which is the value of z in the table? use an integer number for your answer, such as 123456) The primary insurer has a quota share treaty with a reinsurer as shown below: he risk premium is decided as 0.002 of the risk amount (sum insured) The sum insured by the primary insurer is 1,000,000. According to the treaty, the primary insurer retain 60% of the sum insured and the einsurer accept the 40% of the sum insured. It the end of the insurance period, the amount of losses is reported as 800,000. How much will the reinsurer pay, which is the value of z in the table? use an integer number for your answer, such as 123456)
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