Dealer Reinsuranceby Elite FI Partners
Reinsurance pro forma

Dealer Reinsurance Pro Forma

Enter your contract volume, premium and costs, and program fees to project a dealer reinsurance program’s underwriting gain, investment income, and pretax result over a five-year writing period plus runoff. Every figure updates immediately. This is an educational illustration, not a proposal, guarantee, or tax analysis.

$
$
= 360 per year
%
%
%
%
$
$
Net premium per contract — gross less admin fee, this is what the reinsurance company earns on$1,300
Projected pretax gain
$1,261,400 over 10 years
Underwriting $1,170,000
Investment $140,400
Y1Y2Y3Y4Y5RunoffTotal
Underwriting gain$42,250$120,250$198,250$234,000$234,000$341,250$1,170,000
Investment income$5,070$14,430$23,790$28,080$28,080$40,950$140,400
General expenses$8,500$4,500$4,500$4,500$4,500$22,500$49,000
Pretax gain$38,820$130,180$217,540$257,580$257,580$359,700$1,261,400
Where the money goes
47%
51%
Claims$1,170,00047%Expenses$49,0002%Your pretax gain$1,261,40051%

Share of every dollar the reinsurance company takes in (net premium plus investment income). Your pretax gain is what is left after claims and expenses.

Cumulative pretax
$0K$631K$1.3MY1Y2Y3Y4Y5Runoff
Pretax by period
$39KY1$130KY2$218KY3$258KY4$258KY5$360KRunoff
Investment income vs claims
Investment income covers 12% of claims over the 10-year horizon
$0K$585K$1.2MY1Y2Y3Y4Y5Runoff
ClaimsInvestment income
What drives the pretax gain
Underwriting profit89%
Investment income11%

Less $49,000 general expenses.

Annual contracts
360
Net premium per contract
$1,300
Underwriting gain (10 yr)
$1,170,000
Investment income (10 yr)
$140,400
Projected pretax gain
$1,261,400
Sensitivity

How the projected pretax gain shifts with claims and volume. The higher case is not the expected case.

Claims (loss ratio)
Lower (−15%)
$1,436,900
Base
$1,261,400
Higher (+15%)
$1,085,900
Volume
Lower (−15%)
$1,064,840
Base
$1,261,400
Higher (+15%)
$1,457,960
How this result was calculated

Net premium = gross premium − admin fee. Annual contracts = contracts per month × 12.

Premium is earned over the average term (mid-year pro-rata), so a five-year writing period keeps earning through the runoff years.

Underwriting gain = earned premium − premium tax − ceding fee − incurred losses (loss ratio × earned premium).

Investment income = earned premium × investment income rate. General expenses = formation fee (year 1) plus annual fees each writing and runoff year.

Pretax gain = underwriting gain + investment income − general expenses.

This is a modeled illustration, not a proposal, guarantee, or tax, legal, or accounting advice.

Assumptions used
Gross premium per contract
$1,500
Admin fee per contract
$200
Net premium per contract
$1,300
Contracts per month
30
Annual contracts
360
Loss ratio
50%
Average term
36 months
Investment income rate
6%
Premium tax rate
0%
Ceding fee
0%
Annual fees
$4,500
Formation fee
$4,000

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Educational illustration

This reinsurance pro forma is a modeled illustration based only on the assumptions you entered. Real results depend on actual remittance, claims development, fees, reserve requirements, program agreements, and qualified professional guidance. It is not a proposal, guarantee, tax analysis, or accounting statement.

Reinsurance pro forma questions

What is a dealer reinsurance pro forma?

An educational projection of how a dealer-owned reinsurance program might perform on the assumptions you enter: contract volume, premium and costs, expected claims, term, and fees. It is not a proposal, guarantee, tax analysis, or prediction of actual results.

What is the net premium per contract?

The gross premium the customer pays minus the administration fee per contract. It is the amount the reinsurance company actually earns premium on, so underwriting profit, claims, and investment income are all calculated from it.

Why is there a runoff column?

Premium is earned over the contract term, so a book written over five years keeps earning (and paying claims) after writing stops. The runoff column captures those trailing years until the book fully earns out.

Does this predict my actual results?

No. It shows a modeled outcome from the numbers you enter. Actual results depend on real remittance, claims development, fees, reserve requirements, program agreements, and professional guidance.