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Automatic Reinsurance

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Automatic Reinsurance
An agreement between an insurer and a reinsurer in which the reinsurer takes over the risk for a certain class of policies from the insurer. See also: Reinsurance.


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Reinsurers increasingly prefer that a client company's underwriters have top-notch educational credentials in order to get the very best automatic reinsurance rates.
the maximum amount for which the ceding insurer binds the reinsurer under an automatic reinsurance treaty) is usually expressed as a multiple of the retention limit.
Underwriting at this level is achieved through Manulife's extensive experience in jumbo case management, in-depth expertise, and large automatic reinsurance pools.
 
 
 
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