Reinsurance Glossary
The assuming entity (or reinsurer) accepts an obligation to reimburse a ceding entity under the terms of the reinsurance contract. captive insurer. An ...
2016 Reinsurance Contributions Glossary | Guidance Portal
Retired: 2016 Reinsurance Contributions Glossary. Guidance outlines common terms and acronyms related to the 2016 ACA Transitional Reinsurance ...
Glossary of Key Terms and Initials This glossary is made up of definitions ... Q – T. Home · Reinsurance · Insurance / Reinsurance Glossary; Q – T. Q – T ...
Glossary | Prudential Regulation Authority Handbook & Rulebook
means analogous non-reinsurance financing agreements, including contingent loans, securitisations and any other arrangements in respect of ...
Captive Insurance Glossary & Terms - Capstone Associated Services
Reinsurance: Insurance in which one insurer, the reinsurer, accepts all or part of the exposures insured in a policy issued by another insurer, the ceding ...
Glossary of Terms - SGI CANADA
Reinsurer. A company that purchases the cedant risk in the reinsurance contract. Underwriting. The process of reviewing applications submitted for insurance ...
Glossary - Swiss Re Annual Report 2017
Insurance that is reinsured: the passing of the insurer's risks to the reinsurer against payment of a premium. The insurer is referred to as the ceding company ...
Insurance Glossary (R) - Alliance-Group.net
The reinsurance bought by reinsurers to protect their financial stability. RETROSPECTIVE RATING A method of permitting the final premium for a risk to be ...
Glossary - Transparency Portal
The ability of an insurer, reinsurer, syndicate or market to absorb risk. Captive insurer. An insurance company that is wholly owned by one or more entities ( ...
Glossary of Reinsurance Terms - Singapore Reinsurers' Association
Glossary of Reinsurance Terms · Earned Premium. Premium in respect of that part of the insurance where the risk has attached and terminated, and during which ...
reinsurance contract - FCA Handbook - Financial Conduct Authority
Glossary; reinsurance contract. Table of Contents; Content; Instruments · Latest · Point in Time 01/04/2025 · Browse by topics · Level 3 ...
Insurance Glossary R-Z - Trafalgar International Ltd.
Reinsurance. A contract under which a reinsurer agrees to pay specified types and amounts of underwriting loss incurred by an insurer or another reinsurer in ...
Reinsurance & Retrocession Insurance Glossary of Common Terms
We've collected some of the more common reinsurance and retrocession insurance terms and tried to define them in an easy-to-understand way.
Basics of Reinsurance Pricing - Casualty Actuarial Society
If this is not available, the gross experience (i.e., prior to the reinsurance treaty) should be adjusted "as if" the surplus share terms had been in place, to.
In simple terms, reinsurance is insurance for insurance com- panies provided in the form of a contract of in- demnity rather than a liability contract.
Insurers and reinsurers: terminology guide - Practical Law
This note provides a guide to some of the key terminology frequently used in the insurance and reinsurance industry. It is intended as a reference document ...
Reinsurance Glossary - Net Amount At Risk — Novation
In life insurance, the difference between the face amount and cash value. Net Line: The maximum limit an insurer or reinsurer is willing to accept after taking ...
Glossary of terms | The Hanover Insurance Group
Excess of loss reinsurance. A contract between an insurer and a reinsurer, whereby the insurer agrees to pay a specified portion of a claim and the reinsurer ...
Aon delivers value for insurance industry clients with more relevant and impactful insight and reinsurance solutions to meet their strategic goals and make ...
... reinsurers. The reinsurer who sets the terms (premium and contract conditions) for the reinsurance contract is called the lead reinsurer; the other ...