Page 113 - Reinsurance Management IC85
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rence Aggregate (stop loss) Reinsurance Management
otiated on rate 1. It is negotiated on rate
basis and there exposure basis and
mission there is no commission
s are settled 2. Premiums are settled
adjustment by annual adjustment
t premium of deposit premium
is minimum 3. Premium is minimum
settled by 4. Losses are settled
he or event annually
n is usually 5. Retention and the
minimum limit is stated as a loss
ll losses ratio
o-insurance 6. It has a co-insurance
when the provision when the
shares the loss reinsured shares the
ention loss above retention
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