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Reinsurance

Reinsurance logo #10101) Insurance
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Reinsurance

Reinsurance logo #21000 Reinsurance is insurance that is purchased by an insurance company (the `ceding company` or `cedant` or `cedent` under the arrangement) from one or more other insurance companies (the `reinsurer`) directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. Th...
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Reinsurance

Reinsurance logo #20685Insurance for insurers. They pass on to reinsurers risks that they cannot absorb themselves....more on Reinsurance
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Reinsurance

Reinsurance logo #21002• (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/reinsurance/

reinsurance

reinsurance logo #22241Insurance for third-party payers to spread their risk for losses (claims paid) over a specified dollar amount.
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reinsurance

reinsurance logo #20798A 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/glossary/

reinsurance

reinsurance logo #21003(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

Reinsurance

Reinsurance logo #21012The 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/bfglosr.htm

reinsurance

reinsurance logo #21011Insurance 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?query=reinsurance

Reinsurance

Reinsurance logo #20102An 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 health care services have been provided. This insura...
Found on http://www.encyclo.co.uk/local/20102

reinsurance

reinsurance logo #20197The 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 insurance protection for itself is the ceding insuranc...
Found on http://www.encyclo.co.uk/local/20197

Reinsurance

Reinsurance logo #22402The spreading of risk and division of client premiums among insurance companies allowing the sharing
Found on http://www.encyclo.co.uk/local/22402

Reinsurance

Reinsurance logo #20972Re`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

Reinsurance

Reinsurance logo #20671The 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>
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reinsurance

reinsurance logo #20946Laying off a primary risk to a secondary insurer.
Found on http://www.ft.com/Common/HelpPages/tools.help.glossaryr.html

reinsurance

reinsurance logo #20400[n] - sharing the risk by insurance companies
Found on http://www.webdictionary.co.uk/definition.php?query=reinsurance

reinsurance

reinsurance logo #20974 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 that would be too great for any one company to as...
Found on https://www.encyclo.co.uk/local/20974

Reinsurance

Reinsurance logo #21071- Process by which an insurance company obtains insurance on its insurance claims with other insurers in order to spread the risk.
Found on https://www.encyclo.co.uk/local/21071

Reinsurance

Reinsurance logo #22559A type of protection purchased by some managed care companies from insurance companies specializing in underwriting specific tasks for a stipulated premium.
Found on https://www.encyclo.co.uk/local/22559
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