BabelNet

bn:00066980n

Noun Concept

Categories: All articles needing additional references, Actuarial science, Reinsurance

reinsurance reinsurer Facultative reinsurance double insurance excess-of-loss reinsurance

Sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured WordNet 3.0

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Sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured WordNet 3.0 & Open English WordNet

Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself from the risk of a major claims event. Wikipedia

Insurance that is purchased by an insurance company, in which some part of its own insurance liabilities is passed on to another insurance company Wikidata

Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. OmegaWiki

A provider of reinsurance. OmegaWiki

Insurance purchased by insurance companies. Wiktionary (translation)

Reinsurance enables a client to get coverage that would be too great for any one company to assume WordNet 3.0 & Open English WordNet

IS A

insurance

economic activity

commercial enterprise

HAS KIND

financial reinsurance

catastrophe bond

Industry loss warranty

HAS INSTANCE