reinsured in English
It is not for nothing that the laws of the land prescribe a minimal portion of the insurance business to be compulsorily reinsured with another insurer/reinsurer.
Use "reinsured" in a sentence
1. The Ceding commission may also include a profit factor for the reinsured
2. This retention is (mutually) reinsured among the pool members in accordance with an agreed formula.
3. The rate and means by which it Amortises such gain reflect the expected amount and payout pattern of the reinsured losses
4. Ceded Premiums means all premiums (including policy fees), considerations, deposits and other similar amounts actually received by the Cedant in respect of the Reinsured Policies, net of the amount deemed payable in respect of Current Third Party Reinsurance Premiums. Sample 1 Sample 2 Based on 2 documents