Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!
form of proportional reinsurance under which the reinsurer assumes a contractually set percentage share of the written risk. Since the insurer is responsible for acquisition, pricing, policy administration and claims handling, the administrative expenditure for the reinsurer is very low. The latter therefore participates in the aforementioned expenses through payment of a reinsurance commission.
Build your tailor-made report with the topic navigation feature. By selecting the topics of
your interest & choice, all relevant pages will be listed below. From there you can directly
jump to the corresponding page.
By clicking the "send" button you can save the topics of your choice and consequently navigate
through the report within your selection. Not relevant contents will be marked as inactive in
the first navigation level and hidden in the lower navigation levels. To change or remove your
selection and return to the entire report, please click on "remove selection".