{
  "id": "clause-interest-sharing",
  "type": "clause",
  "languages": {
    "en": {
      "id": "clause-interest-sharing",
      "lang": "en",
      "type": "clause",
      "title": "Interest Sharing Clause",
      "shortDefinition": "The interest sharing clause governs, in excess-of-loss reinsurance, how default or litigation interest arising from a claim is allocated between the primary insurer and the reinsurer.",
      "synonyms": [
        "Zinsteilungsklausel"
      ],
      "linesOfBusiness": [
        "Reinsurance",
        "Liability"
      ],
      "jurisdictions": [
        "CH",
        "EU",
        "Global"
      ],
      "tags": [
        "Reinsurance",
        "Contract clauses"
      ],
      "relations": {
        "relatedTerms": [
          "term-treaty-reinsurance",
          "term-cession-limit",
          "term-retention"
        ],
        "partOf": [],
        "appliesTo": [
          "term-nichtproportionale-rueckversicherung"
        ],
        "regulatedBy": [],
        "relevantFor": [],
        "insurableVia": [],
        "mitigatedBy": [],
        "comprises": [],
        "alternativeTo": [],
        "complementedBy": []
      },
      "attribute": null,
      "profile": null,
      "coverageProfile": null,
      "clause": {
        "kind": "claims",
        "origin": "reinsurance-market",
        "favours": "neutral",
        "negotiability": "standard",
        "standardWordings": []
      },
      "legalBasis": [],
      "standards": [],
      "reviewStatus": "expert-reviewed",
      "reviewedBy": "Guido Hesse, Hesse Group Holding AG",
      "lastReviewed": "2026-09-04",
      "version": "0.2.0",
      "updated": "2026-09-03",
      "generated": {
        "by": "cursor-agent/claude-sonnet-5",
        "at": "2026-09-03T00:00:00.000Z"
      },
      "verified": [
        {
          "by": "human:ghesse",
          "at": "2026-09-04T00:00:00.000Z",
          "method": null
        }
      ],
      "staleAfter": null,
      "url": "https://hgh.ch/lexikon/en/knowledge/clause/interest-sharing-clause/",
      "alternateUrl": "https://hgh.ch/lexikon/de/wissen/klausel/zinsteilungsklausel/",
      "body": "## Purpose\n\nIn liability insurance, a claimant may recover default or litigation interest in addition to the indemnity itself, particularly after delayed payment or a dispute over coverage. The interest sharing clause determines whether and to what extent this ancillary claim also falls under an excess-of-loss reinsurance treaty.\n\n## Effect and limits\n\nInterest is typically allocated in proportion to the reinsurer's priority relative to the excess loss – that is, in the same ratio as the reinsurer's share of the total loss above the agreed priority. Without such a clause, it would remain unclear whether interest claims stay entirely with the cedent or pass proportionally to the reinsurer. Some markets (e.g. Belgium, Greece) apply a similar clause to default interest on motor liability claims.\n\n## Negotiation and practice\n\nBecause interest claims can grow substantially in protracted liability litigation, a clearly drafted interest sharing clause is practically important for settling accounts between cedent and reinsurer and should be unambiguously worded in the treaty wording."
    },
    "de": {
      "id": "clause-interest-sharing",
      "lang": "de",
      "type": "clause",
      "title": "Zinsteilungsklausel",
      "shortDefinition": "Die Zinsteilungsklausel regelt in der Schadenexzedenten-Rückversicherung, wie Verzugs- oder Prozesszinsen aus einem Schadenfall zwischen Erstversicherer und Rückversicherer aufgeteilt werden.",
      "synonyms": [
        "Interest Sharing Clause"
      ],
      "linesOfBusiness": [
        "Rückversicherung",
        "Haftpflicht"
      ],
      "jurisdictions": [
        "CH",
        "EU",
        "Global"
      ],
      "tags": [
        "Rückversicherung",
        "Vertragsklauseln"
      ],
      "relations": {
        "relatedTerms": [
          "term-treaty-reinsurance",
          "term-cession-limit",
          "term-retention"
        ],
        "partOf": [],
        "appliesTo": [
          "term-nichtproportionale-rueckversicherung"
        ],
        "regulatedBy": [],
        "relevantFor": [],
        "insurableVia": [],
        "mitigatedBy": [],
        "comprises": [],
        "alternativeTo": [],
        "complementedBy": []
      },
      "attribute": null,
      "profile": null,
      "coverageProfile": null,
      "clause": {
        "kind": "claims",
        "origin": "reinsurance-market",
        "favours": "neutral",
        "negotiability": "standard",
        "standardWordings": []
      },
      "legalBasis": [],
      "standards": [],
      "reviewStatus": "expert-reviewed",
      "reviewedBy": "Guido Hesse, Hesse Group Holding AG",
      "lastReviewed": "2026-09-04",
      "version": "0.2.0",
      "updated": "2026-09-03",
      "generated": {
        "by": "cursor-agent/claude-sonnet-5",
        "at": "2026-09-03T00:00:00.000Z"
      },
      "verified": [
        {
          "by": "human:ghesse",
          "at": "2026-09-04T00:00:00.000Z",
          "method": null
        }
      ],
      "staleAfter": null,
      "url": "https://hgh.ch/lexikon/de/wissen/klausel/zinsteilungsklausel/",
      "alternateUrl": "https://hgh.ch/lexikon/en/knowledge/clause/interest-sharing-clause/",
      "body": "## Zweck\n\nIn der Haftpflichtversicherung kann ein Versicherungsnehmer bei verspäteter Schadenzahlung oder nach einem Rechtsstreit über die Einstandspflicht zusätzlich Verzugs- oder Prozesszinsen geltend machen. Die Zinsteilungsklausel legt fest, ob und in welchem Umfang diese Nebenforderung ebenfalls unter die Schadenexzedenten-Rückversicherung fällt.\n\n## Wirkung und Grenzen\n\nÜblicherweise werden die Zinsen im Verhältnis der Priorität des Rückversicherers zum Excess-Schaden aufgeteilt – also proportional zu dem Anteil, den der Rückversicherer am Gesamtschaden über der vereinbarten Priorität trägt. Ohne eine solche Klausel bliebe unklar, ob Zinsforderungen vollständig beim Zedenten verbleiben oder anteilig auf den Rückversicherer übergehen. In einigen Märkten (z.B. Belgien, Griechenland) ist eine vergleichbare Klausel für Verzugszinsen aus Motorhaftpflichtschäden marktüblich.\n\n## Verhandlung und Praxis\n\nDa Zinsforderungen bei langwierigen Haftpflichtprozessen erheblich anwachsen können, ist eine klare Zinsteilungsklausel für die Abrechnung zwischen Zedent und Rückversicherer von praktischer Bedeutung und sollte im Vertragswerk eindeutig formuliert sein."
    }
  }
}