In health insurance, the fraction of the premium amount which goes toward administrative costs. In reinsurance, this term refers to the amount of the insurance kept by the ceding company instead of being re-insured.
The Rantings of the barely human.
In health insurance, the fraction of the premium amount which goes toward administrative costs. In reinsurance, this term refers to the amount of the insurance kept by the ceding company instead of being re-insured.