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Insurance Glossary Dictionary II - Quota share treaty
Definition
and meaning of
Quota share treaty :
A reinsurance treaty which provides that the reassured shall cede to the reinsurer a specified percentage of all the premiums that it receives in respect of a given section or all of its underwriting account for a given period in return for which the reinsurer is obliged to pay the same percentage of any claims and specified expenses arising on the reinsured account.
(Source
Lloyd's )
Also see these pages: Quota share treaty , Insurance, Insurance Sitemap,
Insurance
Dictionary - Q
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 |  |  | quota share treaty: : Insurance
Sitemap I - Q
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Q . Click on a link and you will
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covers over 4.324 different insurance terms.
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