Excel Practice: Webel.TRIA-2019 (010) - Loss-Sharing
In the excel practice problem TRIA-4, the insurer losses are 4 million,
so definitely the losses are < 5mil in US,
so therefore, doesn't it not satisfy the certification criteria for loss sharing ?
Comments
The 5mil criterion of certification is for industry total loss, not insurer's.
isn't the industry total loss certification threshold 200 mil ?
No, that's the industry retention.