Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Retention

In terms of reinsurance, this describes the risk that the insurance company/the ceding company keeps. In terms of a company's insurance agreement, this is the part of the premium which the company keeps for the purpose of covering expenses, charges, risks and contribution to the surplus.
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Retained Earnings

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Retention Bonus

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