Exam DISC-RM Practice Question 254
Study guide: Exam DISC-RM
An insurer buys a per-risk excess of loss treaty of $800,000 excess of $200,000. In one year it has three losses, on three different risks, of $150,000, $600,000 and $1,500,000. How much does the reinsurer pay in total?
- A) $1,200,000
- B) $1,650,000
- C) $1,700,000
- D) $2,250,000
Answer this question and see the worked solution