Odomorik 12: Five-Year Historical Data Flashcards
1
Q
Five-year historical data: 5 lines
A
Liability Property Property & Liability combined All other Non-proportional reinsurance
2
Q
Driving factors in reducing GWP
A
Decrease in writings
Softening of market
Decrease in coverage purchased
3
Q
Driving factors in increasing net retention
A
Higher reinsurance costs
Retaining more business conciously
