Reinsurance definition

Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

Reinsurance means an insurance transaction where an insurer, for consideration, transfers any portion of the risk it has assumed to another insurer. In referring to reinsurance transactions, this title sometimes refers to:

Reinsurance means either of the following:

Examples of Reinsurance in a sentence

• Yes [ ] No [ X ] 9.5 If yes to 9.4, explain in the Reinsurance Summary Supplemental Filing for General Interrogatory 9 (Section D) why the contract(s) is treated differently for GAAP and SAP.

• Assumed ReinsuranceCeded ReinsuranceNet Reinsurance Direct Unearned Premium Reserve: $159,563,259 Certain contracts provide for additional or return commissions based on the actual loss experience of the produced or reinsured business.

• As such, it requires professional services for claims examination, workplace injury investigation, medical documentation review, and all of the other functional areas related to workers’ compensation administration including, but not limited to, audit and payment of medical charges, compliance with State and Federal law, monitoring of treatment programs, selection of independent medical examiners, and reporting to the Workers’ Compensation Reinsurance Association (WCRA).

• Pandemic Risk Insurance Act Business Continuity Coalition Proposal Section-by-Section Description March 2021 A bill to establish a Pandemic Risk Reinsurance Program, and for other purposes.

• This section establishes the Pandemic Risk Reinsurance Program (PRRP) within the Department of the Treasury.

More Definitions of Reinsurance

Reinsurance means an insurance transaction where an insurer, for

Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd’s, the activity consisting in accepting risks, ceded by any member of Lloyd’s, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd’s;

Reinsurance means a risk-sharing program provided by AHCCCS to contractors for the reimbursement of specified contract service costs incurred by a member beyond a certain monetary threshold.

Reinsurance means an arrangement in which an insurance company, the reinsurer, agrees to indemnify another insurance or reinsurance company, the ceding company, against all or a portion of the insurance or reinsurance risks underwritten by the ceding company under one or more policies.

Reinsurance means one of the following:

Reinsurance means a contract, binder of coverage including placement slip, or arrangement under which an insurer procures insurance for itself in another insurer as to all or part of an insurance risk of the originating insurer.

Reinsurance means insurance purchased by the Authority as part of an insurance program to cover that portion of any loss which exceeds the joint funding capacity of that program.