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Quota Share Reinsurance
(redirected from Quota Share Treaty)

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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.
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The principal reason for the decline was the execution of a 40% quota share treaty between the Company's primary insurance subsidiary, Majestic Insurance Company ("Majestic"), and a third party reinsurer, effective July 1, 2008.
CRM Holdings, Ltd. Announces Second Quarter Results by PR Newswire
Second, the execution of quota share treaties between Majestic and third party reinsurers resulted in Majestic ceding 47% of earned premiums effective July 1, 2009, as compared to Majestic ceding 40% under a quota share treaty that was in place in the third quarter of 2008.
CRM Holdings, Ltd. Announces Third Quarter Results by Business Wire
0 million of favorable loss reserve development in the first quarter of 2008, lower ceding commissions on its 40% quota share treaty in 2009 than in 2008, an increase in its reserve for uncollectible premiums, and the return of $1.
CRM Holdings, Ltd. Announces First Quarter Results by PR Newswire
 
 
 
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