Retention Limit

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August 31, 2024 4 min read Definitions
Quota Share Reinsurance: Proportional Premium and Loss Sharing
Finance Insurance Reinsurance Risk Management Premium Sharing Claims Management Retention Limit
Quota Share Reinsurance involves the proportional sharing of premiums and losses between an insurer and a reinsurer based on a predetermined retention limit.
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August 31, 2024 4 min read Definitions
Retention Limit: Definition and Importance in Insurance
Insurance Finance Retention Limit Reinsurance Insurance Terms Risk Management Claims
The Retention Limit is the maximum claim amount an insurance company retains before transferring excess liability to reinsurers. This limit determines the maximum risk an insurer keeps before ceding the remainder to reinsurers.
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