U
uktous
Member
hello,
suppose there is an individual surplus reinsurance arrangement as follow:
A cover in excess of £80,000 up to a maxmium of £600,000.
Suppose there is a claim of £800,000, how much will this reinsurer pay?
a) £800,000 - £600,000 - £800,00 ?
b) £800,000 - £600,000?
suppose there is an individual surplus reinsurance arrangement as follow:
A cover in excess of £80,000 up to a maxmium of £600,000.
Suppose there is a claim of £800,000, how much will this reinsurer pay?
a) £800,000 - £600,000 - £800,00 ?
b) £800,000 - £600,000?