You are an underwriting manager for a global insurer, RW plc, specialising in property insurance. RW plc's property account outwards reinsurance programme is due to be reviewed and its reinsurers have indicated concerns about the increased frequency of earthquake claims in Asia. Ahead of the review, you are considering internal actions to better understand RW plc's exposure to catastrophe risks. (a) Explain, with justification, the potential impact of these earthquake claims on the reinsurance programme. (12) (b) Explain, with justification, one significant action you could take to demonstrate to the reinsurers that RW plc is efficiently managing the catastrophe exposure within RW plc's property account. (8)