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Reinsurance

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Wikipedia 0.01 sec.
Reinsurance
The spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk.
Reinsurance
An insurance policy for insurers. In reinsurance, one insurer cedes a portion of its portfolio of policyholders to another insurer in exchange for paying a fee. There exists the possibility that too many policyholders will make a claim and a single insurer will be unable to pay the benefit without ruining itself. This is especially true for disaster insurance and other similar policies. Reinsurance reduces this risk. It is also called stop-loss insurance.
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Reinsurance has not yet played a major role in providing financing and capital to microinsurers, even though developing countries represent a potentially lucrative and growing market.
Another world: more reinsurers are dipping their toes into the ... by Orecchio, Maria; Sidhu, Vikram / Best's Review
Mealey's Litigation Conferences, now a part of HB Litigation Conferences (Berwyn, PA), the new company that recently acquired the Mealey's Conference unit from LexisNexis, has launched a new publication and conference for the insurance and reinsurance industries.
HB Litigation Conferences launches report & conference by Business Publisher
It's not enough to just be a reinsurance broker anymore.
The changing face of reinsurance relationships: the bonds among ... by Roberts, Jack / Risk & Insurance
 
 
 
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