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2003          Reinsurance Management
2003
      300000
      150000

Showing all your workings, calculate the pure

burning cost for the above contract.

Year Original loss Loss to layer

2007 1,50,000 50,000

2007 1,25,000 25,000

2007  2,50,000              1,00,000

2006 1,35,000 35,000

2006  1,80,000              800,000

2005 1,10,000 10,000

2005  2,25,000              1,00,000

2005 1,60,000 60,000

2005 1,95,000 95,000

2004 1,30,000 30,000

2003  3,00,000              1,00,000

2003 1,50,000 50,000

Year Total losses to layer
2007 1,75,000
2006 1,15,000
2005 2,65,000

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