Odomorik 12: Five-Year Historical Data Flashcards Preview

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Flashcards in Odomorik 12: Five-Year Historical Data Deck (3)
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1

Five-year historical data: 5 lines

Liability
Property
Property & Liability combined
All other
Non-proportional reinsurance

2

Driving factors in reducing GWP

Decrease in writings
Softening of market
Decrease in coverage purchased

3

Driving factors in increasing net retention

Higher reinsurance costs
Retaining more business conciously