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PERIODIC DISCLOSURES FORM NL23: REINSURANCE RISK CONCENTRATION Insurer: Universal Compo General Insurance Company Limited Date : As on 30 September 2015 (in Lakhs) Reinsurance Risk Concentration S.
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How to fill out form nl23 reinsurance risk
How to fill out form nl23 reinsurance risk:
01
Start by gathering all the necessary information needed to complete the form. This may include details about the reinsured, the reinsurance policy, and any specific risks being covered.
02
Begin filling out the form by entering the basic information such as the name, address, and contact information of the reinsured.
03
Proceed to provide details about the reinsurance policy, including the policy number, effective dates, and any limits or exclusions applicable to the coverage.
04
In the next section of the form, carefully identify and describe the specific risks that are being reinsured. This can include information about the nature of the risks, any loss history, and the desired coverage for these risks.
05
If there are any additional attachments or supporting documents required, ensure that you have them ready and properly labeled. These may include underwriting reports, claims records, or loss experience documents.
06
Double-check all the entered information for accuracy and completeness. Review any specific instructions or guidelines provided on the form itself or in accompanying documentation.
07
Once you have completed filling out the form, sign and date it in the designated areas. If there are multiple parties involved, ensure that all necessary signatures are obtained.
Who needs form nl23 reinsurance risk:
01
Insurance companies or other entities that offer reinsurance services.
02
Reinsured companies or individuals who want to transfer their risks to a reinsurance company.
03
Brokers or intermediaries who facilitate the reinsurance transactions between the reinsured and the reinsurer.
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