2018 Spring 26 part a

I want to make sure I understand the solution to part a.

Looking at sample 1 in examiners report.

For contract 1,

The reinsurer will have a 10% loss if they need to pay 40k * 1.1 = 44k.

But, the insurer is retaining the first 60k of losses. So the reinsurer will only have a 10% loss (or more) if the loss is

44k + 60k = 104k or more.

Similar math for contract 2 and 3 to determine if passes 10-10 rule or not?

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