What is the meaning of the point “risk is excluded from the treaties” ?

1 answer

Ravi Staff September 26, 2017

treaty reinsurance covers class of policies, like all policies in geographical region or all marine insurance etc, treaty reinsurance is for normal insurance policies it excludes abnormal and huge policies for example space shuttle insurance etc for such unusual cases we have to go for facultative policies


Please login here to Submit Answer

No announcement available or all announcement expired.