1. 

   Adithyan Very Active Member

   Are outwards Reinsurance reserve and net of reinsurance reserve different?

    

   Adithyan, Aug 6, 2018

   #1
2. 

   Adithyan Very Active Member

   Can someone help me with this at the earliest? Please!

    

   Adithyan, Aug 7, 2018

   #2
3. 

   Darren Michaels ActEd Tutor Staff Member

   Yes they are different.
   
   The outwards reinsurance reserve is the amount you expect to recover from your reinsurers whereas the net of reinsurance reserve is the amount you need to hold after allowing for reinsurance recoveries.
   
   In other words, gross - ceded = net.

    

   Darren Michaels, Aug 7, 2018

   #3
4. 

   Adithyan Very Active Member

   Thanks for the prompt response! It was helpful indeed.

    

   Adithyan, Aug 7, 2018

   #3

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