Reinsurance Glossary
When referred to as "a reinsurance," the term means the reinsurance relationship between reinsured(s) and reinsurer(s). ... That portion of one or more risks the ...
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 ...
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 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 ...
Under the terms of one widely used intermediary clause, premiums paid a broker by a reinsured are considered paid to the reinsurer, but loss payments and other ...
Glossary and Acronyms - Lloyd's
Glossary of insurance related terms ... The individual at the underwriting box with principal authority to accept insurance and reinsurance risk on behalf of the ...
Glossary of Insurance Terms - NAIC
Glossary of Insurance Terms ... The limit can be for an individual claim and/or for the insurer's total claims, depending upon the terms of the reinsurance ...
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 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
Assumed Reinsurance – The insurance-related risks and obligations which have been accepted by a reinsurer from a ceding company. Assumption – The process 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 ...
Insurance Topics | Reinsurance - NAIC
... terms and conditions of the applicable reinsurance agreement. With no disagreement, there is no contract between the reinsurer and any party ...
Alien Company. An insurer or reinsurer domiciled outside the U.S. but conducting an insurance or reinsurance business within the U.S.. All Risk. Insurance that ...
Glossary | QBE Insurance Group
Broker. One who negotiates contracts of insurance or reinsurance on behalf of an insured party, receiving a commission from the insurer or reinsurer for ...
Glossary of Captive Insurance & Risk Retention Terms | CICA
B. Bordereau – A report providing premium or loss data with respect to identified specific risks, which is furnished the reinsurer by the reinsured. This report ...
Basics of Reinsurance - Munich Re
company and reinsurer(s) . The reinsurer(s) agree to accept a certain. Portion of the reinsured's risk upon terms and conditions as set out in ...
Frequently Used Terms in Reinsurance Contracts - PwC Viewpoint
Frequently Used Terms in Reinsurance Contracts. 6.19. Commonly used terms in reinsurance contracts may include the following:
Reinsurance Terminology Explained: Bordereau - IRMI
A report providing premium or loss data with respect to identified specific risks. This report is periodically furnished to a reinsurer by the ceding insurers ...
Reinsurance Definition, Types, and How It Works - Investopedia
Reinsurance, or insurance for insurers, transfers risk to another company to reduce the likelihood of large payouts for a claim. · Reinsurance allows insurers to ...