Monday, January 26, 2009

Fascinating Insurance Industry Question of the Day

If you have a 10 million sublimit on quake, but 50 million in delay cover, if there is a quake loss, would delay be for the full 50?

Answer will be provided by close of business today, EST.

Good luck, nerds!


Some Guy said...

This is obviously a trick question. No one in their right mind would ever have a 10 million sublimit on quake!

Sans Pantaloons said...


anne altman said...


No, it defers cat peril agg, provided all pd and loss of rev is compounded into the cat limit so it's more in line with a loss limit type scenario.

You're welcome.

Just Dave said...

I love it when you talk actuary to me.

love, jenn said...

Domo arigato, Mr. Roboto. And other non-English sounding words. Oh, and I say black. Always bet on black.