In XOL reinsurance, we hear the terms-Pay Back Period and Rate of Line (ROL). Let us understand these terms. Let

For CAT modelling there are three main phases: Phase I: Hazard/Peril Assessment: In this phase, events based on Severity &

In response to yesterday’s post, Leena C. asked two queries: 1) How Reinsurer manages such accumulation through a clause? 2)

Factory mutual is a big name in risk engineering. They are in existence for last 200 years. They solely focus

We all heard of CAT XL. It is an excellent risk management tool for managing the CAT exposures of Direct

Retention and Cession under a Marine Cargo Surplus Treaty can be either on Any One Policy Basis: Policy issued or

Graded retention under Surplus Treaty is an excellent way to drive Underwriting Philosophy of a reinsured. If the reinsured underwriting

The biggest disadvantage of a Quota Share is that whether the risk is small or large, the percentage of retention

Recently I made a blog on Ultimate Net Loss Clause (UNL Clause) and explained what is UNL and what is

Yesterday, when I wrote the blog on clean cut accounting, one of our friends asked me to explain as how