direct insurance definition
direct insurance means the autonomous activity of undertakings in the assumption of risks ceded by a natural or legal person and which does not constitute reinsurance;
direct insurance means insurance other than reinsurance.
direct insurance means the cover provided by an insurer to a non-insurer
More Definitions of direct insurance
direct insurance means insurance business that relates to contracts concluded between insurers and the insured. The insurance company is directly responsible in relation to the insured.
direct insurance means insurance by way of a direct contract of insurance, not reinsurance;