ModalExpenseAllowanceAmt

Description
Modal Expense Allowance Amount

Type : Currency

Definition
Used to go from the "Modal Gross Standard Premium" (i.e. the amount the cedant is paying the reinsurer on a modal basis) to the "Modal Net Standard Premium". This is the expense allowance the reinsurance company gives the cedant for self-administering the reinsurance.

Parents
ReinsuranceInfo