General InsuranceSeen in 14 questions
Reinsurance
Insurance purchased by an insurer from another insurer (the reinsurer) to transfer part of its exposure on a risk or book of business, used to stabilize losses and increase capacity.
Drill all 803 terms as flip-card flashcards in the Exam Engine →
Practice This Concept
- General InsuranceIn a reinsurance arrangement, the primary insurer that transfers part of its risk to a …
- General InsuranceAn insurer purchases reinsurance primarily to:
- General InsuranceThe primary purpose of reinsurance is to:
- General InsuranceWhen an insurer transfers part of its risk to another insurer through reinsurance, the …
- General InsuranceWhen an insurer transfers part of its risk to another insurer through reinsurance, the …
- General InsuranceIn a reinsurance arrangement, the insurer that transfers a portion of its risk to a rei…
Practice all general insurance questions →