Home page
Azerbaijan
Search for:
Established
Glossary - Q
Quota share reinsurance
form of proportional reinsurance under which the reinsurer assumes a contractually set percentage share of the written risk. Since the insurer is responsible for acquisition, pricing, policy administration and claims handling, the administrative expenditure for the reinsurer is very low. The latter therefore participates in the aforementioned expenses through payment of a reinsurance commission. This commission can amount to 15%-20% of the original premium depending upon the market and cost situation.
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
Reinsurance at a glance
Proportional reinsurance
Non-Proportional reinsurance
Facultative reinsurance
Treaty reinsurance
Stop Loss Reinsurance
Azerbaijan Insurance Market Analyze
|
Home page
|
Career
|
Map
|
Write an e-mail
|
Copyright © AzRe 2008