"Quota share" is a term used in business and insurance to describe a proportional sharing of risk or profits among multiple parties. It means that each party involved receives a specific percentage or portion of the risk or profit. Full definition
This «top down» approach of quota sharing has made little progress in the last two decades of climate negotiations, the authors note. (carbonbrief.org)
In addition, he has represented clients in coverage disputes involving layered and quota share excess insurance programs, in disputes related to underwriting, and in controversies between primary and excess insurers. (rc.com)
Through the company's retrocession business, it joins in quota share reinsurance deals and excess reinsurance pools of most major North American and European reinsurers accepting a portion of reinsurance risk on life insurance policies. (usacoverage.com)