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Should WE be EE?
I think you are thinking of participation ratios, where as card 16 is referring to transfer limits.
Participation ratios determine how losses and premiums ceded to the pool will be shared with the industry. This is based on EE.
Transfer limits which are limits on the % of risks that can be transferred to the pool is based on WE.
That's right
Thanks both!
Comments
I think you are thinking of participation ratios, where as card 16 is referring to transfer limits.
Participation ratios determine how losses and premiums ceded to the pool will be shared with the industry. This is based on EE.
Transfer limits which are limits on the % of risks that can be transferred to the pool is based on WE.
That's right
Thanks both!