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Reinsurance
(redirected from Reinsurance companies)

   Also found in: Dictionary/thesaurus, Medical, Legal, 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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Taxes: Tax issues related to offshore reinsurance companies are complex.
228,396 Total Reinsurance Affiliates 4,147,737 Total Reinsurance Affiliates * 4,406,079 Total Reinsurance Companies 22,281,557 TOTAL RESULTS 26,429,294 TOTAL RESULTS * 26,687,636 Net Reinsurance Premiums Written Reinsurer Dec-00 American Agricultural Insurance Company 304,278 American Re-Insurance Company 3,165,479 Axa Corporate Solutions Reinsurance Co.
The financial strength ratings of TRC, TRZ and Putnam are among the highest assigned by the major rating agencies to reinsurance companies.
 
 
 
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