Financial quota share
Term · Insurance and risk management · MLC-T-INS-001510
A type of proportional reinsurance where the reinsurer assumes a fixed percentage of all losses and premiums for a specific book of business. This arrangement primarily serves to manage the ceding insurer's capital and solvency ratios rather than just transferring risk. The reinsurer pays a commission to the ceding insurer to cover acquisition costs.
| Identifier | MLC-T-INS-001510 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001510",
"term": "Financial quota share",
"field": "Insurance and risk management",
"definition": "A type of proportional reinsurance where the reinsurer assumes a fixed percentage of all losses and premiums for a specific book of business. This arrangement primarily serves to manage the ceding insurer's capital and solvency ratios rather than just transferring risk. The reinsurer pays a commission to the ceding insurer to cover acquisition costs.",
"url": "https://mlchart.com/terminology/insurance/financial-quota-share/"
}
Record 1,388 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.