1st layer $200 000 xs $200 000
2nd layer $400 000 xs $400 000
3rd layer $800 000 xs $800 000
Loss one $150 000
Loss two $300 000
Loss three $1 500 000
Loss four $2 500 000
Q: How are these losses shared among cedant and reinsurers?
2nd layer $400 000 xs $400 0
1st layer $200 000 xs $200 000
2nd layer $400 000 xs $400 000
3rd layer $800 000 xs $800 000
Loss one $150 000
Loss two $300 000
Loss three $1 500 000
Loss four $2 500 000
Q: How are these losses shared among cedant and reinsurers?