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The statistical system should also:
a. be able to furnish year-wise statistics for different
treaties and similar types of business in order to
compare year-wise results;
b. collect information on the basis of different
categories and classes of business;
c. provide overall control totals different sets of
statistics.
Q. Identify the factors to be considered in the
analysis of non- proportional treaty business.
Ans: The factors are basic information such as, company
and country, class of business, treaty number, broker's
name, geographical scope, maximum liability, estimated
premium, account periodicity, rate, estimated GNPI,
Minimum and Deposit premium, reinstatement
provision, notice period etc.
Further in non-proportional business, maintaining a base
record of individual claims is of prime importance. The
claims record should include information such as
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