Assumed Reinsurance

Assumed Reinsurance,

Definition of Assumed Reinsurance:

  • Insurance is accepted by other insurers, such as an approved company (policyholder).

  • For example, insurance is accepted by insurance companies. B. Accredited Company (Issuance Policy)

  • Reinsurance agreement or contract-based risk assumptions by insurance companies.

Literal Meanings of Assumed Reinsurance

Assumed:

Meanings of Assumed:
  1. Accepted or adopted (by any means or identity), sometimes incorrect.

  2. Adopted as the basis for the expected justification.

Sentences of Assumed
  1. Expected election results

Synonyms of Assumed

fake, made-up, invented, improvised, bogus, spurious, sham, faked, adopted, fictitious, pseudo, concocted, false, make-believe, counterfeit, feigned, affected, pretended

Reinsurance:

Meanings of Reinsurance:
  1. A contract in which an insured transfers all or part of the risk to another insurer to provide protection against the first or insurance risk.

Sentences of Reinsurance
  1. The event will make it difficult for you to get international insurance for your customers

Assumed Reinsurance,

Assumed Reinsurance:

  1. Assumed Reinsurance means: Insurance purchased by another insurance company, such as B. Licensed Company (issuer of insurance).

  2. You can define Assumed Reinsurance as, Insurance is obtained from another insurance company, for example an approved company (the issuer).

  3. Eliminate risk from reinsurance agreement or other insurance agreements within the scope of the agreement.

Literal Meanings of Assumed Reinsurance

Assumed:

Meanings of Assumed:
  1. Let's just say without any proof.

  2. Assume or initiate (power or responsibility).

  3. Begins to happen (a certain quality, a certain appearance or a certain degree).

Sentences of Assumed
  1. Topics that require in-depth knowledge of local events.

  2. Take full responsibility for all the work of the organization.

  3. Militant activity has reached epidemic proportions.

Synonyms of Assumed

take on, come to have, fancy, infer, accept, opine, be given to understand, suppose, take as read, take on oneself, guess, draw the inference, think, take it as given, glean, presuppose, come to the conclusion, gather, undertake, surmise, reason, ween, bear, conjecture, deal with, reckon, figure, conclude

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: