An insurance company's maximum treaty capacity 200,000,000 for Q/share, first surplus and second surplus. Coverage with sum insured 225000,000

Question

is requested from the insurance company . What do you think about the surplus amount of25,000,000 which is above the treaty limit and how the insurance company will treat it

christine Chelangat · Answer

TO IMPROVE ON THE HEALTH CARE OF THE EMPLOYEES

Mamoun elbaghir abdalla mhamad Eltayeb · Answer

The amount of 25,000,000 is a part of the total sum insured225,000,000 , since the insurance company's full treaty capacity is200,000,000 has been utilized , and the amount of25,000,000 being surplus beyond the treaty capacity , therefor the insurance company should place this surplus on facultative reinsurance basis with same quota share , first surplus and2nd surplus treaty reinsurers or other reinsurers.

Thanking you

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An insurance company's maximum treaty capacity 200,000,000 for Q/share, first surplus and second surplus. Coverage with sum insured 225000,000

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