Top Posters
Since Sunday
k
1
New Topic  
medulla medulla
wrote...
Posts: 653
Rep: 0 0
6 years ago
United Insurance Company insures Travelco for fire insurance. United reinsures part of the exposure with Promises Reinsurance Company on an excess of loss basis, with United's retention loss level equal to $150,000. In this instance, assuming a $400,000 insured loss, Promises will pay to United:
A) $0
B) $100,000
C) $150,000
D) $250,000
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
Read 210 times
1 Reply
Replies
Answer verified by a subject expert
giddugiddu
wrote...
Posts: 432
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

medulla Author
wrote...

6 years ago
Good timing, thanks!
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  863 People Browsing
Related Images
  
 661
  
 302
  
 274
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352