UNI ConsultingMay 7, 20231 min readBase Rating LogicFire - territory factors; construction factors; protection factors;Hurricane - territory factors; mitigation factors;Liability premium - territory factors; increased limits factors
Fire - territory factors; construction factors; protection factors;Hurricane - territory factors; mitigation factors;Liability premium - territory factors; increased limits factors
What is ReinsuranceReinsurance is insurance of insurance. Reinsurance is a contract that reinsurance companies indemnifies a primary insurer for losses paid...
Predictive Modeling in insurance industryClaims Forecasting - insurers can use predictive modeling to forecast the number of claims, cause of loss and severity of claims. Fraud...
ROLROL is a term used to express the cost of reinsurance coverage as the percentage of the limit of coverage. ROL stands for "Rate on Line"....
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