Exam DISC-RM Practice Question 251
Study guide: Exam DISC-RM
An insurer has a surplus share treaty with a retained line of $200,000 and 5 lines. It insures a building valued at $900,000, which suffers a $180,000 fire loss. How much of the loss does the reinsurer pay?
- A) $0
- B) $40,000
- C) $140,000
- D) $180,000
Answer this question and see the worked solution