Quota Share Reinsurance

(redirected from Quota Share Treaties)

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 ?
In 2011, Sirius gross written premiums decreased by around 20%, as a result of the restructuring and the commutation of quota share treaties with Esurance Insurance Company (a former subsidiary of Sirius ultimate parent, White Mountains Insurance Group, Ltd.) which was sold to Allstate Corporation.
Traditional life reinsurance provides the top 60 life insurers with fully underwritten, first-dollar, quota share treaties.
HG-WS and HDI-Gerling Industrie continue to provide HDI-GAIC with substantial internal financial support via significant facultative cessions and 95% quota share treaties, which have been in effect since July 1, 2008 and January 1, 2000, respectively.