Return Commission

Discussion in 'SP7' started by The Lad, Aug 12, 2011.

  1. The Lad

    The Lad Member

    Hi, quick question:

    For Return Commission on proportional reinsurance is the percentage applied to the original premium or to the reinsurer's share of the premium?
     
  2. jensen

    jensen Member

    Hi Lad

    I think it is a percentage of the premium ceded to the reinsurers and the rate is usually expressed as gross or net of acquisition costs.
     

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