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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
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
