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Look up: reinsurance

  1. Reinsurance
    An insurance arrangement whereby the MCO or provider is reimbursed by a third party for costs exceeding a pre-set limit, usually an annual maximum. A method of limiting the risk that a provider or managed care organization assumes by purchasing insurance that becomes effective after set amount of he...
    Found on http://www.pohly.com/terms_r.html

  2. reinsurance
    The process by which an insurance company cedes some of its business to another insurance company. If the latter only writes business with insurance companies, it is a reinsurance company - but primary insurance companies can write reinsurance contracts themselves. The insurance company seeking insu...
    Found on http://www.encyclo.co.uk/local/20197

  3. reinsurance
    [n] - sharing the risk by insurance companies
    Found on http://www.webdictionary.co.uk/definitio

  4. Reinsurance
    The mitigation of all or some of an insurance risk by an insurer by transferring to another insurer... <a target=_blank href='http://www.finance-glossary.com/terms/reinsurance.htm?id=1235&ginPtrCode=00000&PopupMode=false' title='Read full definition of reinsurance'>more</a>
    Found on http://www.finance-glossary.com/pages/ho

  5. Reinsurance
    Insurance for insurers. They pass on to reinsurers risks that they cannot absorb themselves....more on Reinsurance
    Found on http://moneyterms.co.uk/p/

  6. reinsurance
    A form of insurance bought by insurance companies to protect themselves from the risk of large losses. One insurer pays to place part of an insured risk or an entire book of business with one or more other insurance companies, known as the reinsurers
    Found on http://www.aviva.com/index.html?pageid=6

  7. reinsurance
    the contract under which the insurer assumes partially or totally a risk which is already covered by another insurer Category: Insurance
    Found on http://www.mijnwoordenboek.nl/definition

  8. reinsurance
    Laying off a primary risk to a secondary insurer.
    Found on http://www.ft.com/Common/HelpPages/tools

  9. Reinsurance
    Re`in·sur'ance noun 1. Insurance a second time or again; renewed insurance. 2. A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance .
    Found on http://www.encyclo.co.uk/webster/R/42

  10. reinsurance
    noun sharing the risk by insurance companies; part or all of the insurer`s risk is assumed by other companies in return for part of the premium paid by the insured; `reinsurance enables a client to get coverage...
    Found on http://wordnetweb.princeton.edu/perl/web

  11. reinsurance
    Insurance purchased by an insurer, often to protect against especially large risks or risks correlated to other risks the insurer faces. Contexts: business
    Found on http://www.econterms.com/glossary.cgi?qu

  12. Reinsurance
    • (n.) A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance. • (n.) Insurance a second time or again; renewed insurance.
    Found on http://thinkexist.com/dictionary/meaning

  13. reinsurance
    (from the article `insurance`) A significant insurance practice is that of reinsurance, whereby risk may be divided among several insurers, reducing the exposure to loss faced by ...
    Found on http://www.britannica.com/eb/a-z/r/29

  14. Reinsurance
    The spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk.
    Found on http://www.duke.edu/~charvey/Classes/wpg

  15. Reinsurance
    Insurance bought by a primary insurance underwriter to reduce exposure to loss. Discover What It`s Like to Live Easy With EquiTrend
    Found on http://www.equitrend.com/glossary3294.xh

  16. REINSURANCE
    Insurance bought by insurers. A reinsurer assumes part of the risk and part of the premium originally taken by the insurer, known as the primary company. Reinsurance effectively increases an insurer's capital and therefore its capacity to sell more coverage. The business is global and some of the largest reinsurers are based abroad.
    Found on http://www.glossarycentral.com/insurance

  17. Reinsurance
    Reinsurance is insurance that is purchased by an insurance company (insurer also sometimes called a "cedant" or "cedent") from another insurance company (reinsurer) as a means of risk management. The reinsurer and the insurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay the insurer`s losse...
    Found on http://en.wikipedia.org/wiki/Reinsurance

  18. Reinsurance
    - Process by which an insurance company obtains insurance on its insurance claims with other insurers in order to spread the risk.
    Found on http://www.nysscpa.org/prof_library/guid



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27 May 2012

This day in history: The Queen Mary made her maiden voyage, on the Southampton-Cherbourg-New York route, on 27 May 1936. The passenger accommodation emphasised the first two classes, cabin and tourist. The propulsion machinery of the ship produced a massive 160,000 SHP and gave it a speed of over 30 knots. Despite expectations that the ship would try to break speed records on its first voyage a thick fog destroyed any hope of this. The Queen Mary spent a short time in drydock during July whilst adjustments were made to the propellers and turbines. When the ship returned to service, in August, it made a record voyage from Bishop's Rock to Ambrose light and took the Blue Riband from the Normandie. read more

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