MetaGlossary.com: Reinsure

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Keywords: Insuranse, Ceased, Risk, Assumed, Liability

Related Terms: Self Insurance, Assured, Bordereau, Cession, Insurer, Reinsurance, Retrocession, Underwriter, Facultative Reinsurance, Fronting, Facultative, Reinsurer, Retention Limit, Retrocessionaire, Insuring Agreement, Assigned Risk, Joint Underwriting Association, Insurability, Surplus Lines, Assumption Certificate, Reinsured, Assume, Assumption Reinsurance, Treaty Reinsurance, Self-Insurance, Cede, Pool, Umbrella Liability Policy, Lloyds, Self-Insured Retention, Other Insurance, Cedant, Ceding Company, Primary Insurer, Proportional Reinsurance, Quota Share Reinsurance, Excess Of Loss Reinsurance, Automatic Reinsurance, Jua, Insurance Company, Nonadmitted Insurer, Insurer, All-Risks Policy, Declination, Umbrella Coverage, Named Perils Policy, Retention, Insuring Clause, Cover, Direct Insurer

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To insure again after a former insuranse has ceased; to renew insurance on.

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To insure, as life or property, in favor of one who has taken an insurance risk upon it.

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An insurer will try to spread the risk of certain large risks by seeking to reinsure, or share, the risk with other companies in exchange for part of the premium.

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provide additional insurance for

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insure again by transferring to another insurance company all or a part of a liability assumed

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insure again by assuming all or a part of the liability of an insurance company already covering a risk

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To transfer the risk of potential loss from one insurer to another insurer.

http://www.accap.ca/e11.htm

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