Green Delta Insurance has a surplus-share treaty with Alico Reinsurance. Green Delta has a retention...

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Finance

Green Delta Insurance has a surplus-share treaty with Alico Reinsurance. Green Delta has a retention limit of $100,000, and nine lines of insurance are ceded to Alico. How much will Alico pay if a $800,000 building insured by Delta suffers an $400,000 loss?

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