Page 287 - Reinsurance Management IC85

n Rs. Cession Remarks/Explanation e Insurance Times
0 Cr (in %)
10% of SL comes INR 50 cr. But
0 cr 8.000% as per condition we can take
maximum Rs. 40 Cr. on SI.
(i.e. INR 40 cr x PML %)

Cr 1.600% 40% of PML comes to INR 50 cr
0 Cr 24.000% But as per condition we can take
0 Cr. 40.000% take maximum of Rs. 30 cr.ON PML.

Cr. 24.000% 30 lines means 30 x Net
retention, which comes to INR
Cr. 2.400% 60 Cr. But as per condition can
25Cr. 100.000% take maximum Rs. 50 Cr. on PML.

30 lines means 30 x Net retention,
which comes to INR 40 Cr. But
as per condition we can take
maximum Rs. 30 Cr on PML

Balance PML after all the
arrangment.

Total should be equivalent to
PML (100%)

@ The Insurance Times. 09883398055 / 09