Adeyemi Kehinde’s Post

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Insurance and Reinsurance Expert

Reinsurance riddle I am something, I carry the highest ceding commission among all the reinsurance covers and I allow insurance companies to enter new markets or lines of business by reducing their exposure in the event of a loss. What am I? Let us know who will get this question correctly in the comments section. #insurance #reinsurance #riddle #business

Abayomi Adewale (AA)

Innovative Insurance Strategist | Wintrado Academy - Swiss Education | Client Relationships | Sales | Finance - Best Staff, Stanbic IBTC Asset Mgt Ltd (2011) - Runner-up Best Staff, Stanbic IBTC Pension Mgrs Ltd (2014)

2mo

You are a Quota Share Reinsurance. In a quota share reinsurance arrangement, the reinsurer agrees to take on a fixed percentage of all risks underwritten by the insurer, and in return, they receive a proportional share of the premiums. This type of reinsurance provides a high ceding commission and enables insurance companies to expand into new markets or lines of business by sharing the risk of losses. An example of this (since I work with Leadway Assurance) is Education Target plans.

Adebola Odunoso

Insurance Underwriter at AIICO INSURANCE PLC

2mo

Quota share

Gideon Sarfo, CPCU, ARM, CIRM, ACII

Insurance|Risk Management|Fac Reins.|Award Winner

2mo

Quota share treaty

Owolabi Oluwasemilogo

Process Engineer | GMNSE | Chemical Engineer

2mo

Hmmm what can this be?

Owolabi Oluwasemilogo

Process Engineer | GMNSE | Chemical Engineer

2mo

I will be learning from people in the comment section

oluwatuyi Segun

Financial Advisor at Leadway

2mo

You are a vibrant insurance marketer/ia

James Offiong

BS.c Insurance|Risk Management|Underwriting|Reinsurance|Data Analysis|Excel|Power BI|SQL|SPSS|E-view|Customer Service| ACIIN [in-view]

2mo

Quota share treaty

Niyi OJO

Senior Analyst @AUSSIE FX CAPITAL

2mo

Quota share reinsurance

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