Page 322 - Reinsurance Management IC85
P. 322
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
Sashi Publications - www.sashipublications.com 319
ight@ The Insurance Times. 09883398055 / 0988338