Automatic Non-proportional Reinsurance,
How To Define Automatic Non-proportional Reinsurance?
Automatic disproportionate reinsurance is insurance that occurs automatically when the insurance company bears a claim in excess of a certain amount. In this case, the insurance company will bear the maximum losses. The insurer is not liable to cover the maximum amount of compensation.
Literal Meanings of Automatic Non-proportional Reinsurance
Meanings of Automatic:
(Device or process) running alone with no other direct human control.
It is or is unintentional, without consciousness and intention.
A pistol that fires until the ammunition runs out or the trigger is released.
Vehicles with automatic transmission
Operating mode in which certain tasks of the device are performed automatically instead of manually.
Another term for sound
Sentences of Automatic
Automatic kettle that shuts off during cooking
Automatic bodily functions such as breathing
Fast automation fire
A five-speed automatic Mercedes 300SL
Synonyms of Automatic
mechanized, mechanical, automated, push-button, preprogrammed, computerized, electronic, robotic, unmanned, instinctive, involuntary, unconscious, reflex, knee-jerk, reflexive, instinctual, subconscious, unconditioned
Meanings of Non:
Express rejection or absence
Neutral is the expression of a negative meaning when there is a form or special thing (for example, inhuman or dehumanized) in the correspondence that begins with them.
Meanings of Proportional:
Adjust the size or quantity to fit something else.
Sentences of Proportional
Punishment should be proportional to the crime
Synonyms of Proportional
corresponding, proportionate, comparable, in proportion, pro rata, commensurate, equivalent, consistent, relative, correlated, correlative, analogous, analogical