Page 273 - Reinsurance Management IC85
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Reinsurance Management
availability is vital for the successful conduct
of reinsurance business.
4. The basic statistics relating to a treaty are
collated from accounts statements as sent and
received.
5. Review of acceptances is to be done periodically
and in any case at least one major review must
be done in a year. The review must be done
well in advance of the notice period, that is,
if a treaty provides for notice of cancellation
to be given by 30th September, the review
would need to be conducted in July-August,
with the up-dated accounts based information.
Q.8) Calculate the project commission, on
sliding scale, payable on i) annual basis ii)
3 years average basis on following treaty
results for 2010
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