#14 - Reinsurance Accounting
This week’s episode is a particularly technical one. The guys cover M&D, written and earned premiums, how firms calculate exposure, judging underwriter performance, and all kinds of reinsurance ratios. As a reward for having your brain stuffed with reinsurance nerdiness, we finish on a classic game of Frisk Risk! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:48 Pre-empting Insurance Requirements 04:50 Minimum and Deposit (M&D) Premiums 07:20 Written & Earned Premium 08:57 Calculating Exposure 13:35 How Much Risk to Keep & How Much to Offload 16:18 Combined Ratio, Investment Income, Expenses & Losses 21:28 Judging the Performance of Underwriters 26:03 Frisk Risk: Building on Fire