A direct writer has a surplus reinsurance treaty with a maximum retention of R800,000 (there is no minimum retention level) and a maximum of 8 lines to be passed to the reinsurer. The following risks all gave rise to claims. In each case, calculate the range of possible amounts paid by the reinsurer to the direct writer: EML: R800,000 Claim: R1,000,000 The solution on page 49 chapter 6 is 0 and 88 889 should the answer be 0 and 888 889 instead? Thank you!
