Premiums can vary due to different limits, deductibles, and projected revenues. Even if all of these were the same for two similar risks, the territorial sales split still needs to be considered. A risk with most of sales to USA or Australia would carry a higher rate than a risk where they predominantly sell to Europe or South America. This is due to the higher propensity to claim along with larger awards in those territories. It’s common for insurance companies to avoid new start-ups, high US sales or Far East imports but at CFC we can consider all three.