Question 7

insurer XYZ is jointly covered for two lines surplus treaty reinsurance by reinsurers I,J,K and L for a retention limit of N120,000. The amount of cession for reinsurer K if all reinsurers share the risk equally with the sum insured of N360,000 is?

  • A.N45,000
  • B.N60,000
  • C.N90,000
  • D.N120,000
Objective

Question details

Exam body
WAEC
Subject
Insurance
Year
2018
Question no.
#7
Type
Objective

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