title = "Reinsurance Pricing Fundamentals"

content = """
Reinsurance pricing reflects expected losses, expenses, and profit margin. Understanding pricing helps operations interpret terms and support renewals.

**Loss Cost:** The expected loss per unit of exposure. Historical experience and exposure trends inform loss cost projections.

**Loading:** Loadings cover expense, risk margin, and profit. Proportional treaties may use commission; non-proportional uses rate on line or similar.

**Experience Rating:** Past loss experience affects renewal terms. Favorable experience may reduce rates; adverse experience increases them.
"""  # noqa: E501

version = "0.0.1"
