The Annual Aggregate Limit – ExampleReinsurance Treaty • October 28th, 2010
Contract Type FiledOctober 28th, 2010The following XL treaty is agreed between the PI and RI: 1,000 MU xs 500 MU, with an amount of 3,000 MU. The AAL represents therefore triple the set limit. If the following 7 single losses (L1-L7) now occur during one year, the following applies: