Approved Reinsurance

Approved Reinsurance,

Approved Reinsurance Definition:

Registered insurance is a product offered by an insurance company that government regulators say is stable enough to sell. Insurance refers to the practice of an insurance company that covers a portion of the financial risk of another insurer for a regular fee. In other words, it's like insurance for an insurance company.

Literal Meanings of Approved Reinsurance

Approved:

Meanings of Approved:
  1. Officially accepted or accepted satisfactorily.

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which an insured transfers all or part of the risk to another insured to protect himself from the risk of the first insurance.

Sentences of Reinsurance
  1. Such events will make it difficult for your clients to obtain international insurance.

Approved Reinsurance,

What is The Meaning of Approved Reinsurance?

Definition of Approved Reinsurance: Registered reinsurance is a product offered by an insurance company that government regulators say is fairly stable for sale. Reinsurance refers to the practice of covering a portion of another insurance company's financial risk for a regular premium fee. In other words, it's like insurance for an insurance company.

Literal Meanings of Approved Reinsurance

Approved:

Meanings of Approved:
  1. Officially recognized or satisfactorily accepted.

  2. Accept satisfactorily or officially.

  3. Was done.

Sentences of Approved
  1. A place on a recognized course.

  2. Budget approved by Parliament

  3. He confirmed that he was ready for military command.

Synonyms of Approved

OK, agree to, rubber-stamp, acquiesce in, mandate, bless, accede to, say yes to, give one's permission/leave, ratify, concur in, warrant, back, assent to, endorse, buy, say the word, give the OK to, give the green light to, give one's blessing to, sanction

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which the insurer transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.

Sentences of Reinsurance
  1. The company has three types of reinsurance agreements: