•Identify what the primary insurer and reinsurer share in pro rata reinsurance treaty?
A form of reinsurance in which the reinsurer shares a pro rate portion of the following items with the ceding company. (1)insured amount (2)Loss (3)premiums
•Identify what the primary insurer and reinsurer share in pro rata reinsurance treaty?
A form of reinsurance in which the reinsurer shares a pro rate portion of the following items with the ceding company. (1)insured amount (2)Loss (3)premiums