Quota Share Reinsurance

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Quota Share Reinsurance

An agreement between an insurer and a reinsurer whereby the reinsurer pays an agreed-upon percentage of all losses the insurer sustains, regardless of type. The insurer compensates the reinsurer for this agreement.
References in periodicals archive ?
7 /PRNewswire-FirstCall/ -- XL Capital Ltd's ("XL") reinsurance operations ("XL Re") announced today that certain of XL's operating companies ("Ceding Companies") have entered into a quota share reinsurance treaty (the "Treaty") with a newly-formed Bermuda reinsurance company, Cyrus Reinsurance II Limited ("Cyrus Re II").
The ratings of Jefferson reflect enhancement due to explicit support from AGAI SA in the form of an 80% quota share reinsurance treaty.
KICO's quota share reinsurance treaty, which expired June 30, 2011, contained a provision which limited the maximum contingent ceding commission that could be paid to KICO, with the unused benefit carried forward to the current treaty year which began July 1, 2011.
Net premium written declined by 58 percent in 1995, reflecting a new 50 percent quota share reinsurance treaty entered into with Cologne Re.
The expiration of a large quota share reinsurance treaty is expected to provide an opportunity to transfer more Allianz group business to ART, including reinsurance written for other group companies.
2 million under the Company s new general liability quota share reinsurance treaty which came into effect on December 1, 1995.
The stable outlook reflects FAIR's solid capitalization and the explicit parental support from a 65% quota share reinsurance treaty, with the added security of an adverse development cover (ADC) put in place for 2009 alongside the Flagstone Re group guarantee.
Personal Auto business and the increase of its quota share reinsurance treaty with the Farmers Exchanges from 25% to 40%.
More explicitly, West Bend's support is particularly evident by its assumption of 75% of MIC's business through a quota share reinsurance treaty.
The ratings of the Jefferson Insurance Company reflect the full rating enhancement from the explicit support of MAIAG in the form of a 90% quota share reinsurance treaty with MAIAG.
RAM Re), has entered into a quota share reinsurance treaty with Assured Guaranty Corp.