Glossary of Reinsurance
An amount paid by a reinsured to a reinsurer which is held for the payment of the reinsured's losses. At some time in the future, any balance in the fund ...
Reinsurance Glossary1. A. Accident Year Experience. The matching of all losses occurring (regardless of when the losses are reported) during a given 12-month ...
Glossary of Reinsurance Terms - Sign In
A provision in a reinsurance agreement that allows the Reinsurer access to the Ceding Company's books, records and other documents and information.
Reinsurance. The transfer of insurance risk from an insurer, referred to as the ceding company, to a reinsurer, in conjunction with the payment of a reinsurance ...
Reinsurance Glossary - Hannover Re
The reinsurance treaty attaches when if a ceding insurer incurs losses on a particular line of business during a specific period (usually twelve months) in ...
Glossary of Reinsurance Terms - Singapore Reinsurers' Association
Reinsurance cover that is purchased by a ceding company to protect both itself and its reinsurers (usually in a quota share) and which applies to net and treaty ...
Market Glossary A-Z - Pro Global
Automatic Reinsurance – A reinsurance agreement, which allows a company to cede, and obligates a reinsurer to accept insurance coverage applicable to a block or ...
Glossary of Reinsurance - eftcapital.org
A reinsurance contract written on a proportional basis simply prorates all premiums, losses and expenses between the insurer and the reinsurer on a pre-arranged ...
A form of pro rata reinsurance in which an insurer does not cede participation in all risks to the reinsurer. The insurer sets maximum retention per risk and ...
Glossary and Acronyms - Lloyd's
A form of excess of loss reinsurance in which the excess and the limit of liability are expressed as annual aggregate amounts. Agreed business plan. A syndicate ...
Glossary of reinsurance terms - Érudit
These contributions should preferably, but not essentially, give the requisite definition. Assurances. Page 2. Glossary of reinsurance terms •. With comments by.
Reinsurance - Glossary | HealthCare.gov
Learn about reinsurance by reviewing the definition in the HealthCare.gov Glossary.
GlOSSaRy - Swiss Re Annual Report
the payment made by the reinsurer commonly relates to incurred losses under the contract. Insurance and reinsurance protection of one or more specific risk ...
Glossary of Insurance Terms - NAIC
Glossary of Insurance Terms · Accident - an unexpected event or circumstance without deliberate intent. · Accident Insurance - insurance for unforeseen bodily ...
Glossary of Reinsurance - CCR Re
What purpose does reinsurance serve for insurance companies? Whether it be made compulsory by the public authorities or proves to be compulsory otherwise, ...
Bordereau – Furnished periodically by the reinsured, a detailed report of reinsurance premiums or reinsurance losses. CAJPA – (Pronounced ka jaup' a.) ...
Glossary of Captive Insurance & Risk Retention Terms | CICA
A captive insurance company established by members of an association to underwrite their own collective risks.
bordereau: A report provided periodically by the reinsured detailing the reinsurance premiums and/or reinsurance losses with respect to specific risks ceded ...
Reinsurance Glossary - Calendar Year of Experience - FindaLink.net
Underwriting results allocated back to a given calendar year accounting period where the losses occurred. The results are allocated back to the time frame when ...
Glossary | QBE Insurance Group
The total of net commission and operating expenses incurred in the generation of net earned premium and often expressed as a percentage of net earned premium.