Top image
Menu
     
 

Reinsurance 101
Helping you understand terms and reinsurance language.

Search our reinsurance online glossary of terms or click a letter to view terms in that category...

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Quick Search:



QUOTA SHARE REINSURANCE
A form of pro rata reinsurance (proportional) in which the reinsurer assumes an agreed percentage of each insurance being reinsured and shares all premiums and losses accordingly with the reinsured. Quota share reinsurance is usually arranged to apply to the insurer's net retained account (i.e., after deducting all other reinsurance except perhaps excess of loss catastrophe reinsurance), but practice varies. A quota share reinsurer may be asked to assume a quota share of a gross account, paying its share of premium for other reinsurance protecting that gross account.



 
Preferred Group
Copyright 2005, Preferred Group : All Rights Reserved
Site Design by 18th Street Design 		 
Prefererred Reinsurance Intermediaries Preferred Specialty Contact Home History Values Links Articles Community Home Reinsurance 101