Property Risk Reinsurance
Proportional
Surplus Share
Surplus Share treaties are a proportional cover that provides reinsurance when an underlying policy’s amount of insurance exceeds the specified dollar amount (or line).
Quota Share
Quota Share treaties use a fixed percentage in sharing premium and losses. Because the retention and cession amounts are a fixed percentage, the actual dollar amount of each cession changes as the amount of insurance changes.
Excess of Loss
Property Per Risk Excess
Surplus Share treaties are a proportional cover that provides reinsurance when an underlying policy’s amount of insurance exceeds the specified dollar amount (or line).
Property Per Risk Coded Excess
Quota Share treaties use a fixed percentage in sharing premium and losses. Because the retention and cession amounts are a fixed percentage, the actual dollar amount of each cession changes as the amount of insurance changes.