Home > Glossary

Reinsurance Commission

Reinsurance Commission

Definition

(1) Percentage of premium paid to the reinsurance intermediary; a ceding company expense. Compare to ceding commissions, which are an expense to the assuming reinsurer. (2) A profit commission paid to the cedent or the intermediary by the retrocessionaire.

Related Terms

Related Products

Navigation

Social Media

User ID: Subscriber Status:Free