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- Reinsurance Definition, Types, and How It Works - Investopedia
Reinsurance, or insurance for insurers, transfers risk to another company to reduce the likelihood of large payouts for a claim Reinsurance allows insurers to remain solvent by recovering all or
- Reinsurance - Wikipedia
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event [1] With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company
- REINSURE Definition Meaning - Merriam-Webster
The meaning of REINSURE is to insure again by transferring to another insurance company all or a part of a liability assumed How to use reinsure in a sentence
- What Is Reinsurance in Insurance and How Does It Work?
Reinsurance ensures that no single company is overwhelmed by unexpected claims, allowing insurers to take on more policyholders while maintaining solvency Understanding how reinsurance works provides insight into its importance for both insurers and policyholders
- REINSURE | English meaning - Cambridge Dictionary
REINSURE definition: if an insurance company reinsures, it buys insurance from other companies to protect itself against… Learn more
- Understanding Reinsurance: A Key to Reducing Insurance Risk - CGAA
Reinsurance is a vital tool for insurance companies to manage their risks and ensure they have enough capital to pay out claims This is because reinsurers take on some of the risk of an insurance company's policies, allowing them to reinsure their policies and reduce their exposure
- Reinsure Definition Meaning - YourDictionary
Reinsure definition: To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company
- What is Reinsurance: Types, Functions, Advantages
A reinsurance, in its most basic sense, is insurance for insurers It is the process through which insurers minimise the possibility of paying high amounts of money, in case of an insurance claim, by transferring a part of their risk portfolio to other parties
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