MLchartDataset catalogue

Reinsurance commission

Term · Insurance and risk management · MLC-T-INS-002849

A payment made by the reinsurer to the ceding insurer for the business transferred. This commission compensates the ceding insurer for its acquisition costs, such as underwriting expenses and agent commissions, associated with the original policies. It is typically calculated as a percentage of the ceded premium.

Table 1. Record
IdentifierMLC-T-INS-002849
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002849",
  "term": "Reinsurance commission",
  "field": "Insurance and risk management",
  "definition": "A payment made by the reinsurer to the ceding insurer for the business transferred. This commission compensates the ceding insurer for its acquisition costs, such as underwriting expenses and agent commissions, associated with the original policies. It is typically calculated as a percentage of the ceded premium.",
  "url": "https://mlchart.com/terminology/insurance/reinsurance-commission/"
}

Record 2,913 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.