Exam DISC-IA Practice Question 12
Study guide: Exam DISC-IA
During a year an insurer writes $80 million of direct premium, assumes $12 million of premium from other insurers under reinsurance treaties, and cedes $25 million of premium to its reinsurers. What is its net written premium?
- A) $55 million
- B) $67 million
- C) $92 million
- D) $117 million
Answer this question and see the worked solution