An amount paid to the Ceding Company by the reinsurer if the amount of reinsurance ceded in a given period exceeds a specified amount.
Production bonuses are used to encourage a Ceding Company to place reinsurance with a certain reinsurer.
An amount paid to the Ceding Company by the reinsurer if the amount of reinsurance ceded in a given period exceeds a specified amount.
Production bonuses are used to encourage a Ceding Company to place reinsurance with a certain reinsurer.