Register now or log in to join your professional community.
is requested from the insurance company . What do you think about the surplus amount of25,000,000 which is above the treaty limit and how the insurance company will treat it
The amount of 25,000,000 is a part of the total sum insured225,000,000 , since the insurance company's full treaty capacity is200,000,000 has been utilized , and the amount of25,000,000 being surplus beyond the treaty capacity , therefor the insurance company should place this surplus on facultative reinsurance basis with same quota share , first surplus and2nd surplus treaty reinsurers or other reinsurers.
Thanking you
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.