reinsurance policy

См. также в других словарях:

• Reinsurance — is a means by which an insurance company can protect itself against the risk of losses with other insurance companies. Individuals and corporations obtain insurance policies to provide protection for various risks (hurricanes, earthquakes,… …   Wikipedia

• reinsurance — The passing of all or part of an insurance risk that has been covered by an insurer to another insurer in return for a premium. The contract between the parties is usually known as a reinsurance treaty. The policyholder is usually not aware that… …   Big dictionary of business and management

• Reinsurance Sidecar — A limited purpose company created to work in tandem with insurance companies. Reinsurance sidecars will purchase a portion or all of an insurance policy from an insurance company to share in the profits and risks. If the underwritten policies… …   Investment dictionary

• reinsurance — A contract by which an insurer procures a third person to insure him against loss or liability by reason of original insurance. A contract that one insurer makes with another to protect the latter from a risk already assumed. It binds the… …   Black's law dictionary

• reinsurance fund — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …   The Collaborative International Dictionary of English

• Reinsurance Treaty — The Reinsurance Treaty (June 18 1887) was an attempt by Bismarck to continue to ally with Russia after the League of the Three Emperors broke down. Bismarck felt that this was essential to continue the diplomatic isolation of France so ensuring… …   Wikipedia

• reinsurance — An agreement by which one insurer indemnifies another insurer in part, or in total, for the risks of a policy issued by that other insurer …   Accounting dictionary

• reinsurance — A contract whereby one party, the reinsurer, agrees to indemnify another, the reinsured, either in whole or in part, against loss or liability which the latter may sustain or incur under a separate and original contract of insurance with a third… …   Ballentine's law dictionary

• Yearly Renewable Term Plan of Reinsurance — A type of life reinsurance where mortality risks are transferred to a reinsurer. In the yearly renewable term plan of reinsurance, the primary insurer (the ceding company) yields to a reinsurer its net amount at risk (the difference between the… …   Investment dictionary

• facultative reinsurance — A form of reinsurance in which the terms, conditions, and reinsurance premium is individually negotiated between the insurer and the reinsurer. There is no obligation on the reinsurer to accept the risk or on the insurer to reinsure it if it is… …   Big dictionary of business and management

• Clash Reinsurance — A type of reinsurance that provides additional coverage to the insurance company in the event that one casualty loss event results in two or more claims from insured policy holders. Clash reinsurance is purchased by companies for their own… …   Investment dictionary