reinsurance commission
A reinsurance commission is the percentage of premium paid to the reinsurance intermediary; a ceding company expense.
reinsurance commission
A reinsurance commission is the percentage of premium paid to the reinsurance intermediary; a ceding company expense.
Additional Information
Compare to ceding commissions, which are an expense to the assuming reinsurer. It is also a profit commission paid to the cedent or the intermediary by the retrocessionaire.
