Glassboro Insurance Company enters into a surplus share treaty with Waterford Re. Glassboro retains a line of 15,000 - the treaty contains 10 lines and provides for a maximum cession of $150,000. How would the following policies and losses be shared?

 

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Policy A Amount of Insurance Percentage of insurance allocated Premiums Losses Policy B Amount of Insurance Percentage of insurance allocated Premiums Losses Policy C Amount of Insurance Percentage of insurance allocated Premiums Losses Policy D Amount of Insurance Percentage of insurance allocated Premiums Losses 25,000 100% 400 8,000 100,000 100% 1000 10,000 1 150,000 100% 1500 60,000 300,000 100% 8000 100,000 Glassboro Insurance Company Retains Waterford Re - The Reinsurance Co Total 0 0.00% 0 0 0 0.00% 0 0 0 0.00% 0 0 0.00% 0 0 Policy A Amount of Insurance Percentage of insurance allocated Premiums Losses Policy B Amount of Insurance Percentage of insurance allocated Premiums Losses Policy C Amount of Insurance Percentage of insurance allocated Premiums Losses Policy D Amount of Insurance Percentage of insurance allocated Premiums Losses 25,000 100% 400 8,000 100,000 100% 1000 10,000 1 150,000 100% 1500 60,000 300,000 100% 8000 100,000 Glassboro Insurance Company Retains Waterford Re - The Reinsurance Co Total 0 0.00% 0 0 0 0.00% 0 0 0 0.00% 0 0 0.00% 0 0