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 ?

its principal mortgage insurance subsidiary, under the Private Mortgage Insurer Eligibility Requirements: Radian Guaranty has agreed with its reinsurance providers to increase the cession of business for its first single-premium MI quota share reinsurance arrangement, which was entered into in 2016.

Radian Group updates on capital actions

Aspen will receive rights to provide quota share reinsurance capacity, in proportion to its shareholding of Crop Re, on the combined crop insurance portfolios of AgriLogic and CGB DS.

Aspen Insurance Holdings Limited announces partnership with CGB

The company said that this agreement was signed with a syndicate of re-insurers covering property business, underwritten by its personal insurance and business insurance segments and replaces the State Auto Group's earlier home owner quota share reinsurance agreement in place for the last three years, which ended on 31 December 2014.

State Auto Financial signs one year agreement for personal and business insurance segments

Calliden Insurance Limited has signed an agreement with Western Australian Government for a quota share reinsurance arrangement to provide home indemnity insurance.

Australia : CALLIDEN Insurance signs DEAL with Western Australian Government

26 billion--primarily driven by a large Florida quota share reinsurance contract.

Everest Re 2Q Income Up 28.4% on Surge in Premiums

In addition, WR Berkley implemented a change in reinsurance whereby BIC currently supports Berkley National through quota share reinsurance, replacing BRIC.

-Berkley National Insurance's ratings unaffected by ownership modifications - AM Best

The ratings reflect the explicit support provided by its parent, CastlePoint Insurance Company, in the form of a 90 percent quota share reinsurance agreement.

Rating assigned to CFIC

and DaVinci Reinsurance Ltd; specialty reinsurance, which includes all lines of reinsurance written by RenaissanceRe other than property-catastrophe reinsurance; and individual risk business, which includes primary insurance and quota share reinsurance.

The hallmark of technology: RenaissanceRe stands out among reinsurers for its innovative use of technology in underwriting, particularly when it involves catastrophe modeling

These ratings also reflect the solid levels of capital maintained by Balboa during this business transition period as well as the quota share reinsurance in place with QBE during this transition period.

A.M. Best Affirms Ratings of Balboa Insurance Company and Its Subsidiaries

AXA Insurance Company also provides 60% quota share reinsurance coverage for AXA Art to better utilize its capital.

A.M. Best Affirms Ratings of U.S. Subsidiaries of AXA S.A

and primary insurance and quota share reinsurance, written through the operating subsidiaries of RenRe Insurance Holdings Ltd.

RenaissanceRe to Participate in the Bank of America Merrill Lynch Insurance Investor Conference

This operating support is demonstrated by a 100% quota share reinsurance contract with AIC for its countrywide business, excluding Florida, although North Light does not currently write business in Florida.