Glossary / People & market / Bordereau

Bordereau

Also known as: bordereau meaning · bordereaux · premium bordereau · loss bordereau

People & market

A detailed schedule of premiums or losses that one party reports to an insurer or reinsurer.

A bordereau (plural: bordereaux) is a detailed report that lists individual risks, premiums, or losses, provided on a regular schedule by one party to another in an insurance arrangement. It is most common in reinsurance and in delegated-authority setups (such as an MGA or program administrator writing policies on an insurer's behalf), where the party doing the underwriting reports the book of business to the risk-bearing insurer or reinsurer. A premium bordereau lists the policies and premiums written; a loss bordereau lists claims. Founders rarely see one directly, but the term shows up in the plumbing of how specialty and program coverage is administered.

Where you'll see it

Policy

Why it matters for your business

  • It is how delegated-authority and reinsurance arrangements report premiums and losses to the risk-bearer.
  • The term appears in specialty and program insurance, common in emerging-tech niches.
  • Understanding it demystifies how some startup coverage is actually administered behind the scenes.

People also ask

What is a bordereau in insurance?

A bordereau is a detailed schedule of premiums or losses that one party reports to an insurer or reinsurer on a set schedule. It lists individual risks or claims and is most common in reinsurance and delegated-authority (MGA/program) arrangements.

What is the difference between a premium bordereau and a loss bordereau?

A premium bordereau lists the policies written and the premiums collected during a period. A loss bordereau lists the claims and loss amounts during a period. Both let the risk-bearing insurer or reinsurer track a book of business it did not directly administer.

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Definitions are educational and may be modified by your specific policy language, endorsements, and state rules. For regulatory guidance, refer to the California Department of Insurance or the NAIC.

Reviewed by Andrei Craciunescu, CA Licensed Insurance Broker #4467994

Last updated: July 2026.