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Reinsurance Management

client --> insurer --> reinsurer -->
retrocessionaire.It is not unusual for a reinsurer
to buy reinsurance protection from other
reinsurers. For example, a reinsurer that provides
proportional, or pro rata reinsurance capacity
to insurance companies may wish to protect its
own exposure to catastrophes by buying excess
of loss protection.

d) Minimum and Deposit Premium.
See Page no. 434 (Q2 c)

Q.2. Differentiate between :
a) Premium and loss Portfolio
b) Per Risk and Per Event losses
c) Obligatory and Facultative Contracts
d) Inward and Outward Reinsurance

Ans. a) Premium and loss Portfolio
The ceding insurer may at his option require
the reinsurer to assume liability for his
proportion of risks current at the date of
commencement of the reinsurance agreement.
In consideration for which the ceding insurer

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