A
Alan2007
Member
I don't understand the underlined part of the paragraph as part of of the solution for Question X5.9 (ii) of Assignment X5. Can someone please explain?
The most important reason is that the terms of the treaty are likely to require it. The likely claims experience is heavily dependant on the level of underwriting in place, so this will have a material impact on the terms agreed
Thanks
The most important reason is that the terms of the treaty are likely to require it. The likely claims experience is heavily dependant on the level of underwriting in place, so this will have a material impact on the terms agreed
Thanks