There are different types of treaty reinsurance. The arrangement between insurer and reinsurer for some types of treaty reinsurance agreements are as follows: Excess of loss ratio Treaty Reinsurance Arrangement: Direct i

There are different types of treaty reinsurance. The arrangement between insurer and reinsurer for some types of treaty reinsurance agreements are as follows: Excess of loss ratio Treaty Reinsurance Arrangement: Direct insurer bears not exceeding 70% of the gross premium of the class. Reinsurer bears any balance, the ceding company's gross loss ratio is maintained at 70% but not exceeding 90% of the balance The ceding company's premium income is ₹1,00,00,000 and the total loss over the year is ₹80,00,000. Calculate the appropriate amount of loss bearing for direct insurer and reinsurer for all the above treaty arrangements and fill the following table with the amounts shared by the direct insurer and the reinsurer.