Proportional and non-proportional reinsurance

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      <subfield code="a">Proportional and non-proportional reinsurance</subfield>
      <subfield code="c">[Christoph Bugmann]</subfield>
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      <subfield code="a">Zurich</subfield>
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      <subfield code="a">Proportional reinsurance is based on original liability and proportional cession, whereby in the case of non-proportional reinsurance, it is the amount of loss and the cover, limited in amount, which is significant. It is also referred to as "excess of loss reinsurance"</subfield>
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