Exposure rating
Rather than reworking mathematical principles or seeking to introduce new exposure curves, the aim of this brochure is to familiarise readers with the mechanisms of exposure rating and with the possibilities and limitations of this method.
The explanations are geared to the conditions of property treaty reinsurance. However, exposure rating can be applied to entire portfolios and individual risks alike, since the method remains the same. For this reason, this brochure is aimed not only at treaty underwriters but also at underwriters of facultative reinsurance.
