The answer depends on what the quota is and, since the question provides no information on that, it is not possible to answer it.
Quota share is the other word for'first dollar' quota share) A reinsurance arrangement in which the re insurer receives a certain percentage of each risk reinsured. First-dollar quota-share reinsurance transfers a percentage of risk on each policy from the ceding company to the reinsurer and shares all premiums and losses accordingly.
bmm
15600 = 100% 18693 = x% X =18693x100 / 15600 X = 119.827% You exceeded your quota by 19.827%
In Haryana, the "other state quota" refers to a certain percentage of seats in educational institutions and government jobs that are reserved for candidates from states other than Haryana. This quota is designed to promote diversity and inclusivity within the state's educational and professional landscape. Typically, this quota is applicable in various fields, including engineering, medical, and other professional courses. The specific percentage and criteria for this quota can vary depending on the institution and the academic year.
A Lower berth Quota has to be provided in AC and Sleeper classes for senior citizen and women above the age of 45, travelling alone
a quota.
senior citizens,women above 45 years of age travelling alone & pregnant women can avail lower berth quota.
sales volume quota ,expense quota, profit quota, activity quota
sales volume quota ,expense quota, profit quota, activity quota
sales volume quota ,expense quota, profit quota, activity quota
It is the quota reserved for female above 45 years or senior citizen who are travelling alone
Quota Share reinsurance is a type of pro rata reinsurance in which the primary insurer and the reinsurer share the amounts of insurance, policy premiums and losses (including loss adjustment expenses) using a fixed percentage. Quota Share reinsurance can be used for both property and liability insurance but is more frequently used in property insurance.