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Reinsurance
Brokerage If the
broker purchases reinsurance, it is probable that a commission is earned by
the insurance broker. What fee should
be paid? The typical fee is 10 percent
commission. But is it
appropriate? If the reinsurance
market is quite limited, or insurance is regularly purchased with the same
reinsurer, maybe the fee should be lower?
Some reinsurance brokers are willing to consider placement on a
time-and-expense basis or for a lower commission rate. |
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F. Darrell Lindsey State Approved Captive/RRG Manager |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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