Distinguish between facultative reinsurance and treaty reinsurance.
Answer to relevant QuestionsBriefly explain the following types of reinsurance methods for sharing losses:a. Quota-share treatyb. Surplus-share treatyc. Excess-of-loss reinsuranced. Reinsurance poolCarolyn is senior vice president of finance and chief actuary for Rock Solid Insurance Company (RSIC). Lonnie is double-majoring in finance and mathematics at State University. Lonnie applied for an internship with Rock ...a. How is the combined ratio of a property and casualty insurance company calculated, and what does the combined ratio measure?b. How is it possible for a property and casualty insurance company to be profitable if its ...Ashley is an actuary who is employed by the Nebraska Department of Insurance. Her duties include monitoring the financial position of insurance companies doing business in Nebraska. Based on an analysis of annual financial ...Describe the risk-based capital standards that insurers must meet.
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