[[Actuarial Notes Wiki|Wiki]] / [[Exam 5 (CAS)]] / **Reinsurance Recovery** ## Definition ==Reinsurance Recovery== is the portion of losses and LAE that will be recovered from reinsurers under reinsurance agreements, requiring separate estimation and development. ## Types - Treaty reinsurance - Facultative reinsurance - Excess of loss - Quota share - Aggregate covers ## Calculation ``` Gross Losses = Total before reinsurance Ceded Losses = Reinsurance recoveries Net Losses = Gross - Ceded Each component developed separately ``` ## Related Concepts - [[Gross Losses#Definition]] - [[Net Losses#Definition]] - [[Ceded Losses#Definition]] ## References - Friedland, Chapter 9