answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is non proportional reinsurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How is a proportional and non-proportional relationship different?

Proportional is when it is proportional.


3-6 proportional and non-proportional relationships?

9


What is Outward Reinsurance?

Reinsurance ceded by an insurer or re-insurer as opposed to inwards reinsurance which is reinsurance accepted.


Is 120-xL proportional or not proportional?

It is an expression, not an equation and so cannot be proportional nor non-proportional.


What is non proportional?

booty


When was Global Reinsurance created?

Global Reinsurance was created in 1990.


What is a Tent Plan Reinsurance?

Tent Plan Reinsurance is a form of treaty reinsurance that covers multiple lines of business and is based on a non proportional / Excess of Loss basis. Similar to an umbrella, but attaching at the frequency level. This makes sense to insurers, that have many smaller lines of business which would be too uneconomical for a normal and seperate XoL structure. For example: Insurer A writes some Fire, Engineering, Personal Accident, Marine and Surety business. In order to protect from large losses, the company could buy one XoL for instance 450k USD in excess of 150k USD for all these lines of business.


Tell the table of IQ test?

how to tell if a table s proportional or non proportional


Is quota share treaty a non proportional treaty?

Quota Share is proportional treaty.


How are proportional and non proportional relationships similar?

They aren't.


When both dimensions of a figure are changed using the same scale factor is the change proportional or non proportional?

If it is a 2-dimensional figure then it is proportional.


When was Reinsurance Group of America created?

Reinsurance Group of America was created in 1973.