• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Difference between net of reinsurance reserve and outwards reinsurance

A

Adithyan

Member
Are outwards Reinsurance reserve and net of reinsurance reserve different?
 
Can someone help me with this at the earliest? Please!
 
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.
 
Thanks for the prompt response! It was helpful indeed.
 
You must log in or register to reply here.
Back
Top