Cessn. Pct Cession Cap Cessn. Pct Cession Cap Cessn. Pct Cession Cap Cessn.

Pct Cession Cap (PML)

Obl. QS 10% 5,000,000 10% 26 mln 10% 10%
Retention 87.50% 43,750,000 77.50% 202 mln 85.00% 995 mln 1,000m
Market Cession 0 - 2,100m
Surplus 1 2.50% 1,250,000 12.50% 33 mln 5.00% 59 mln 2,000m
Scenario 1 Scenario 1.1
New Policy Extra Endorsement
Sum Insured 30.00mln Risk Category Small Endt SI 20.0mln Risk Category Small
Premium 30.0 K B3 C3 Endt Prem 20.0 K B3 C3
Eff. Dt 1-Apr-08 B4 C4 Endt. Eff. Dt 1-May-08 B4 C4
Exp. Dt 31-Mar-09 B5 C5 Endt. Exp. Dt 31-Mar-09 B5 C5
# of days 365 B6 C6 # of days 335 B6 C6
Total SI 30.00mln Total SI 50.0mln
Total Prem 30.0 K Daily Prem 82.19 Total Prem 50.0 K New Daily Prem 141.89
PML % 100% PML % 100%
SI Cession Cession
Premium
Share % Total SI share Total Premium
Ceded
Endt. SI
share
Endt. Prem
share
Share % Total SI share
Obl. QS 3.00mln 3,000 10.00% 3.000 mln 3,000 Obl. QS 2.000 mln 2,000 10.00% 5.000 mln
Retention 26.25mln 26,250 87.50% 26.250 mln 26,250 Retention 17.500 mln 17,500 87.50% 43.750 mln
Inter Co Cession 0.00mln - 0.00% .000 mln - Inter Co Cession .000 mln - 0.00% .000 mln
Surplus 1 0.75mln 750 2.50% .750 mln 750 Surplus 1 .500 mln 500 2.50% 1.250 mln
Total Fac - - 0.00% .000 mln - Total Fac .000 mln - 0.00% .000 mln
Fac A - - 0.00% .000 mln - Fac A .000 mln - 0.00% .000 mln
Fac B - - 0.00% .000 mln - Fac B .000 mln - 0.00% .000 mln
Notes Notes
Fire Medium
SI >50m and PML<260m
(2)
Fire Small
SI <50m
(1)
Fire Listed Risks 1
PML260m to 1170m
(3)
Fire Listed Risks 2
PML>1170m
(4)
Cession made on the basis of Risk Category Cession made on the basis of Risk Category
Page 1 of 7
Scenario 2 Scenario 2.1
New Policy Extra Endorsement
Sum Insured 2,300.00mln Risk Category Listed Risk 1 Endt SI 50.00mln Risk Category Listed Risk 2
Premium 20,000.0 K H3 I3 Endt Prem 20.0 K J3 K3
Eff. Dt 1-Apr-08 H4 I4 Endt. Eff. Dt 15-Apr-08 J4 K4
Exp. Dt 31-Mar-09 H5 I5 Endt. Exp. Dt 31-Mar-09 J5 K5
# of days 365 H6 I6 # of days 351 J6 K6
Total SI 2,300.00mln Total SI 2,350.00mln
Total Prem 20,000.0 K Daily Prem 54,794.52 Total Prem 20,020.0 K New Daily Prem 54,851.50
PML % 50% PML SI 1,150.0m PML % 50% PML SI 1,175.0m
SI Cession Cession
Premium
Share % Total SI share Total Premium
Ceded
Endt. SI
share
Endt. Prem
share
Share % Total SI share
Obl. QS 0.0m 2,000,000 10.00% 230.0m 2000K Obl. QS 5.0m 2,000 10.00% 235.0m
Retention 1,955.0m 17,000,000 85.00% 1,955.0m 17000K Retention 45.0m 37,482 85.11% 2,000.0m
Inter Co Cession 0.0m - 0.00% 0.0m 0K Inter Co Cession 115.0m 942,162 4.89% 115.0m
Surplus 1 117.0m 1,000,000 5.00% 115.0m 1000K Surplus 1 -115.0m (961,644) 0.00% 0.0m
Total Fac 0.0m - 0.00% 0.0m 0K Total Fac 0.0m - 0.00% 0.0m
Fac A 0.0m - 0.00% 0.0m 0K Fac A 0.0m - 0.00% 0.0m
Fac B 0.0m - 0.00% 0.0m - Fac B 0.0m - 0.00% 0.0m
Notes Notes Cession made on the basis of Risk Category SI increase changes the risk category to Listed Risk 2 and Cession made on the basis
of Risk Category. PML % has been taken into account while determining the cession
capacity.
Page 2 of 7
Total
Premium
Ceded
5,000
43,750
-
1,250
-
-
-
Cession made on the basis of Risk Category
Page 3 of 7
Total
Premium
Ceded
2002K
17037K
942K
38K
0K
0K
0K
SI increase changes the risk category to Listed Risk 2 and Cession made on the basis
of Risk Category. PML % has been taken into account while determining the cession
capacity.
Page 4 of 7
Scenario 1.2 Scenario 1.3
Extra Endorsement Refund Endorsement
Endt SI 10.0mln Risk Category Medium Endt SI -15.0mln Risk Category Small
Endt Prem 10.0 K E3 F3 Endt Prem -5.0 K B3 C3
Endt. Eff. Dt 1-Jul-08 E4 F4 Endt. Eff. Dt 1-Oct-08 B4 C4
Endt. Exp. Dt 31-Mar-09 E5 F5 Endt. Exp. Dt 31-Mar-09 B5 C5
# of days 274 E6 F6 # of days 182 B6 C6
Total SI 60,000,000 Total SI #########
Total Prem 60.0 K New Daily Prem 178.390 Total Prem 55.0 K New Daily Prem #######
PML % 100% PML % 100%
Endt. SI share Endt. Prem
share
Share % Total SI
share
Total
Premium
Ceded
Endt. SI
share
Endt. Prem
share
Share % Total SI
share
Obl. QS 1,000,000 1,000 10.00% 6.000 mln 6,000 Obl. QS -1.500 mln (500) 10.00% 4.500 mln
Retention 2,750,000 3,862 77.50% 46.500 mln 47,612 Retention -7.125 mln (1,128) 87.50% #########
Inter Co Cession - - 0.00% .000 mln - Inter Co Cession .000 mln - 0.00% .000 mln
Surplus 1 6,250,000 5,138 12.50% 7.500 mln 6,388 Surplus 1 -6.375 mln (3,372) 2.50% 1.125 mln
Total Fac - - 0.00% .000 mln - Total Fac .000 mln - 0.00% .000 mln
Fac A - - 0.00% .000 mln - Fac A .000 mln - 0.00% .000 mln
Fac B - - 0.00% .000 mln - Fac B .000 mln - 0.00% .000 mln
Notes Notes Cession % altered based on change in Risk category Cession % altered based on change in Risk category
Page 5 of 7
Scenario 2.2
Endorsement - Change in PML %
Endt SI 0.0mln Risk Category Listed Risk 1
Endt Prem .0 K H3 I3
Endt. Eff. Dt 1-Jul-08 H4 I4
Endt. Exp. Dt 31-Mar-09 H5 I5
# of days 274 H6 I6
Total SI 2350.0mln
Total Prem 20020.0 K New Daily Prem #########
PML % 40% PML SI 940.0m
Endt. SI share Endt. Prem
share
Share % Total SI
share
Total
Premium
Ceded
Obl. QS 0.0m - 10.00% 235.0m 2002K
Retention -2.5m (15,989) 85.00% 1,997.5m 17021K
Inter Co Cession -115.0m (735,477) 0.00% 0.0m 207K
Surplus 1 117.5m 751,466 5.00% 117.5m 790K
Total Fac 0.0m - 0.00% 0.0m 0K
Fac A 0.0m - 0.00% 0.0m 0K
Fac B 0.0m - 0.00% 0.0m 0K
Notes PML change results in change of risk category to Listed Risk 1 and Cession
made on the basis of Risk Category. PML % has been taken into account while
determining the cession capacity.
Page 6 of 7
Total
Premium
Ceded
5,500
46,484
-
3,016
-
-
-
Cession % altered based on change in Risk category
Page 7 of 7