✅ What is a stop loss reinsurance? | Reinsurance tutorials #41

Understand what is a stop loss reinsurance - easily explained with a video. 📌These tutorials will offer you all the basics you need to master reinsurance

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[epop]

I just discovered your videos and finding them very helpful.
My question is regarding the calculation at 2.03.
If the stop loss point is 100% why is 100% = 15M when the total premium earned is 10m.
Since the stop loss point is 100% doesn't that mean the upper limit of the reinsurance is 100% of the premium earned which is 10M and not 15m.
Please help clarify this as I'm a bit confused by the 15M