Participating Reinsurance

Participating Reinsurance,

How Do You Define Participating Reinsurance?

The general form of insurance in which the insurer and the central insurance company share losses in proportion to the limits and distribution of premiums. Quota reinsurance and quota insurance are two types of partnership insurance. Another term used to describe recurring insurance is proportional reinsurance.

The definition of Participating Reinsurance is: This includes installment payments, first earnings, second income and all other forms of mutual reinsurance where the insurance company shares all losses and premiums at a support rate. See also Proportional Reinsurance.

Literal Meanings of Participating Reinsurance

Participating:

Meanings of Participating:
  1. Participate in an action or a company.

  2. Is or is (a certain standard)

Sentences of Participating
  1. Thousands join national strike

Synonyms of Participating

avail oneself of, have the benefit of, be possessed of, play a part, be endowed with, get involved, play a role, reap the benefits of, share, have the advantage, engage, join, have the use of, benefit from, be born with, partake, be a participant, have available, be blessed with, take part, be favoured with

Reinsurance:

Meanings of Reinsurance:
  1. A contract 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 incidents will make it difficult for your clients to obtain international insurance.

Participating Reinsurance,

How Do You Define Participating Reinsurance?

  • You can define Participating Reinsurance as, The general form of reinsurance in which the reinsurer and the main insurer divide the losses in proportion to the limit of the policy and the distribution of the premium. Quota reinsurance and additional reinsurance are two types of matching reinsurance. Another term often used to describe pair insurance is proportional reinsurance.

  • A simple definition of Participating Reinsurance is: This includes installment payments, first income, second income and all other forms of mutual rehabilitation where reinsurers divide all losses and premiums on a mutual basis. See also Proportional Reinsurance.

Literal Meanings of Participating Reinsurance

Participating:

Meanings of Participating:
  1. Participate in an action or business.

  2. Is or is (a special standard).

Sentences of Participating
  1. Two members participate in the harmony.

Synonyms of Participating

be (a) party to, get in on the act, pitch in, have something to do with, cooperate, associate oneself with, contribute to, have a hand in, help, assist, lend a hand, go in for, be associated with

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:

Participating Reinsurance,

Participating Reinsurance Definition:

  1. The general form of insurance in which the reinsurer and the principal insurer share the losses in proportion to the policy limits and the distribution of premiums. Quota reinsurance and additional reinsurance are two types of reinsurance. Another term often used to describe pair insurance is proportional reinsurance.

  2. This includes split payments, first earnings, second income and all other forms of split reinsurance where the insurer shares all losses and premiums in proportion. See also Proportional Reinsurance.

Literal Meanings of Participating Reinsurance

Participating:

Sentences of Participating
  1. Thousands take part in national strike

  2. Both members participate in coordination.

Reinsurance:

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