Glossary beginning with Q | IFFCO Tokio General Insurance Company in India

Glossary beginning with Q

Quota Share Reinsurancesearch for term

It is an automatic reinsurance, whereby the ceding company is bound to cede a fixed percentage of every risk written by it irrespective of the size or quality of the risk.

Quotesearch for term

An estimate of the cost of insurance, based on information supplied to the insurance company by the applicant.

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