Quota share reinsurance requires the insurer to transfer, and the reinsurer to accept, a given percentageof every risk within a defined category of business written by the insurer.

With quota share reinsurance, the reinsurer may be asked to assume a quota share of a gross account, paying itsshare of premium for other reinsurance protecting that gross account.

Quota share reinsurance is a form of reinsurance in which the reinsurer accepts a certain percentage of allor certain parts of the business of the reinsured person or company.