What is Quota Share Reinsurance Example

Quota Share Reinsurance Quota share reinsurance is a type of proportional reinsurance, where the reinsurer takes on a specific percentage of all the risks written by the primary insurer. Proportional Reinsurance The reinsurer pays a proportion of every claim. The primary insurer retains a proportion of the risk, known as the “self-retention”. The premium is … Read more

Do Anesthesiologists Need Malpractice Insurance

Malpractice insurance, a crucial safeguard for healthcare professionals, is equally essential for an anpaddingRightesthiologists. These specialists who administer anesthesia during surgeries and procedures face inherent risks, making it imperative for them to protect themselves against potential legal claims resulting from errors or omissions in their practice. Malpractice insurance provides coverage for financial losses, such as … Read more

Do You Need Buildings Insurance for a Leasehold Flat

If you’re renting a flat on a leasehold basis, you’re usually responsible for insuring the contents of the property and any fixtures and fittings you install. However, the building itself is typically covered by the building insurance arranged by the freeholder or management company. Building insurance covers the structure of the building, including the roof, … Read more