Glossary Of Terms
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
Quota Share Reinsurance - A type of pro-rata or proportional reinsurance agreement under which the insurer and reinsurer agree to share a pre-determined portion of all insurance, premium, and losses. The primary insurer’s retention in a quota share agreement is expressed as a percentage of the amount insured.
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