Page 63 - Annual Report 2019
P. 63
60 ANNUAL REPORT 2019 SUPERVISION AND AUTHORISATION
5. Retained premium and ceded premium
Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019
Retained premium Reinsurance premium
Premiums retained decreased from 83% to 73% over the 24-month period
ending 31 December 2019, with a commensurate increase in reinsurance
premiums reflecting more reliance on reinsurance by QFC insurers.