Reinstatements: Restoring the Limit and Paying Pro Rata to Amount and Time
This lesson is part of the course
In this lesson
You follow a cat XL through three events in one year, work out how much limit is reinstated, the reinstatement premium pro rata to amount and to time, and the cover that is left.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Quota Share: Ceded Premium, Ceded Claims & the Ceding Commission Locked
- Surplus Treaties: Retention Lines, Capacity & the Cession % per Risk Locked
- Per-Risk Excess of Loss: Attachment, Limit & the Layer Loss of Each Claim Locked
- Layers & Towers: Stacking XL Layers and Following a Loss Upwards Locked
- Catastrophe Events: Adding Up Claims per Event, Retention & Limit per Event Locked
- Reinstatements: Restoring the Limit and Paying Pro Rata to Amount and Time Locked
- Simple Pricing: Burning Cost, Trend, Loading, Rate on Line & Payback Locked
- Programme Comparison: Net Result, Volatility & What the Cover Costs Locked