Examples of 'facultative reinsurance' in a sentence
Meaning of "facultative reinsurance"
facultative reinsurance - In the insurance industry, facultative reinsurance is a type of reinsurance that is negotiated separately for each insurance policy being reinsured. It is not automatic and allows the reinsurer to assess and underwrite risks on a case-by-case basis
How to use "facultative reinsurance" in a sentence
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facultative reinsurance
Facultative reinsurance placement identification code.
They include both treaties and facultative reinsurance.
The facultative reinsurance placement identification code is entity specific.
Any policy larger than this would require facultative reinsurance.
Facultative reinsurance knowledge editor.
We need to put the fun back into facultative reinsurance and cooperative underwriting.
Facultative reinsurance commission.
Treaty and Facultative The two basic types of reinsurance arrangements are treaty and facultative reinsurance.
Each facultative reinsurance placement must be assigned a sequence number which is unique for the risk.
Co-reinsurance may exist in both facultative reinsurance and treaty reinsurance.
O Facultative reinsurance available for higher limits.
These risks are underwritten by proportional and non-proportional treaties as well as by facultative reinsurance.
Facultative reinsurance between related undertakings; and.
Customized application for clients to place Facultative reinsurance - for Program and Individual Risk business.
Facultative reinsurance between related undertakings of a group; and.
See also
In 1954, the company created the first professional casualty facultative reinsurance department.
In addition, facultative reinsurance is purchased for large risks.
Facultative reinsurance is usually written for very large-line risks.
Facultative Reinsurance - Reinsurance provided on a transactional basis.
Facultative Reinsurance - Reinsurance arranged on an individual risk basis.
Facultative reinsurance premium ceded to all reinsurers for 100 % of the reinsurance placement.
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The same equipment is facultative for men
Facultative planktotrophy has been documented only in echinoids
Examples of using Reinsurance
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Excess of loss reinsurance are often written in layers
The same was the case for reinsurance
All entities carrying reinsurance contracts are in scope
