TRIA - Coinsurance
I know this has been asked before but want to clarify based on the 2019 update. Does the govt cover 80% of losses above the deductible (as per the Excel practice problems) or is it 81%?
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I know this has been asked before but want to clarify based on the 2019 update. Does the govt cover 80% of losses above the deductible (as per the Excel practice problems) or is it 81%?
Comments
Never mind. Just verified on the NAIC website that it is 80% as of Jan 1 2020.
https://content.naic.org/cipr-topics/terrorism-risk-insurance-act-tria