•Brookgreen Insurance Company insures the commercial general liability (CGL) and workers compensation (WC) loss exposure of six contractors working on a single job site.
•Each contractor’s policy limit is 1m
•Brookgreen has
–Per occurrence XL of 3m xs 250k
–A clash cover of 3mxs 1m
•A job site explosion injuries employees and nonemployees, a total damages of 6m is awarded to injured parties
•How will the loss of 6m be apportioned among ceding company and reinsures?
