Proportional Reinsurance

Proportional Reinsurance,

Proportional Reinsurance:

  • Proportional Reinsurance can be defined as, Premiums and losses are calculated in proportion. Insurance has a fixed percentage of premium and one percent of loss.

Literal Meanings of Proportional Reinsurance

Proportional:

Meanings of Proportional:
  1. Adjust the size or quantity to fit something else.

Sentences of Proportional
  1. Punishment should be proportional to the crime

Synonyms of Proportional

consistent, relative, comparable, corresponding, correlative, correlated, in proportion, analogous, equivalent, proportionate, commensurate, analogical, pro rata

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which an insured transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.

Sentences of Reinsurance
  1. Such events will make it difficult for your clients to obtain international insurance.

Proportional Reinsurance,

Proportional Reinsurance means,

  • Premiums and losses are calculated in proportion. There is a fixed premium percentage of reinsurance and the same percentage of loss.

Literal Meanings of Proportional Reinsurance

Proportional:

Meanings of Proportional:
  1. Depending on the size or quantity.

Synonyms of Proportional

commensurable

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which the insurer transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.

Sentences of Reinsurance
  1. The company has three types of reinsurance agreements:

Proportional Reinsurance,

What is The Meaning of Proportional Reinsurance?

  1. Premiums and losses are calculated in proportion. Reinsurance has a fixed percentage of premium and the same percentage of loss.

Literal Meanings of Proportional Reinsurance

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which an insurer transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.