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  • Surplus Management
    business from a direct writing company. Mechanically, the reinsurer pays an allowance to the direct writing company ... is fully exposed to the same risk of loss as the direct writer. Financial reinsurance transactions are ...

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    • Authors: Robert J Callahan, Norman E Hill, Michael Sproule, William R Wellnitz
    • Date: Oct 1990
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Capital management - Finance & Investments