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Pa( Pac Pad Pai Pal Pan Pap Par Pas Pat Pau Paw Pax Pay

Participating Reinsurance (also known as Proportional, Pro Rata Reinsurance, Surplus Reinsurance, Quota Share)

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A generic term describing all forms of quota share and surplus reinsurance in which the reinsurer shares a pro rata portion of the losses and premiums of the ceding company.

Insurance Area: RAW, REINSURANCE

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