Words / Q / Business

quota share

noun

C1CEFR level
65/100Rarity: rare
TechnicalRegister

A reinsurance treaty under which insurer and reinsurer split every premium and loss by a fixed percentage.

A forty-per-cent quota share frees up capital while keeping us aligned with the reinsurer.

Topic: Insurance & risk in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Insurance & risk