EMC and Mutual Reinsurance Bureau - International Cooperative ...

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RRCP • MRB utilizes AIR Catrader for modeling/pricing but is open to input from other models in order to produce a “blended” result. • Using one base model, however, provides important consistent relativity between programs. • Pricing varies from 1.0% ROL to 4% ROL depending on the perceived loss potential (<strong>and</strong> technical modeling analysis results) of the layer structure under consideration.
RRCP • One reinstatement of the Cat limit is provided at no additional charge. • Loss covered by the RRCP can, however, affect renewal pricing in subsequent years after a loss. • Care must be exercised not to expose the pool to an aggregation of top layer losses….. so spread of peak exposures is key. • MRB charges an administrative fee of 10% that covers the credit risk of the MRB ACO’s <strong>and</strong> MRB’s own internal expenses.
Page 1 and 2: EMC and MRB Ron Hallenbeck & Tim Do
Page 3 and 4: EMC Insurance Building or Vodka Bot
Page 5 and 6: Characteristics of Companies with L
Page 7 and 8: Mutual Reinsurance Bureau (MRB) The
Page 9 and 10: Mutual Reinsurance Bureau (MRB) MRB
Page 11 and 12: MRB structure • MRB is not a char
Page 13 and 14: Regional Reciprocal Catastrophe Poo
Page 15: RRCP • The RRCP has returned $113
Page 19: MRB

EMC and Mutual Reinsurance Bureau - International Cooperative ...

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