Classic scene from a classic movie.
If you look at the PCA walk slide by far the largest contributor to reducing the PCA coverage ratio was in the reduction of reinsurance coverage. I guess they can continue to pull that rein to get the ratio down to the target range, but then they remove reinsurance cost from their net premium calcs and generate more retained earnings.....and so on.
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Classic scene from a classic movie.If you look at the PCA walk...
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