reinsurance business
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reinsurance — The spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk. Bloomberg Financial Dictionary * * * reinsurance re‧in‧sur‧ance [ˌriːɪnˈʆʊərəns ǁ ˈʆʊr ] noun [uncountable]… … Financial and business terms
Reinsurance — is a means by which an insurance company can protect itself against the risk of losses with other insurance companies. Individuals and corporations obtain insurance policies to provide protection for various risks (hurricanes, earthquakes,… … Wikipedia
Reinsurance sidecar — Reinsurance sidecars, conventionally referred to as Sidecars, are financial structures which are created to allow investors to take on the risk and return of a group of insurance policies (a book of business ) written by an insurer or reinsurer… … Wikipedia
Business action on climate change — includes a range of activities relating to combatting global warming, and to influencing political decisions on global warming related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a… … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Reinsurance Sidecar — A limited purpose company created to work in tandem with insurance companies. Reinsurance sidecars will purchase a portion or all of an insurance policy from an insurance company to share in the profits and risks. If the underwritten policies… … Investment dictionary
reinsurance — /ree in shoor euhns, sherr /, n. the process or business of reinsuring. [1745 55; RE + INSURANCE] * * * … Universalium
reinsurance — A contract whereby one party, the reinsurer, agrees to indemnify another, the reinsured, either in whole or in part, against loss or liability which the latter may sustain or incur under a separate and original contract of insurance with a third… … Ballentine's law dictionary
Categorisation of long-term insurance business for corporation tax purposes in the United Kingdom — For corporation tax purposes in the United Kingdom, long term insurance business is divided into different categories. The reason for this is that each category of business is given a different tax treatment. The categorisation is currently set… … Wikipedia
Financial reinsurance — (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non life segment of the insurance industry this class of transactions is often referred to as finite reinsurance.One of the particular … Wikipedia
Catastrophe Excess Reinsurance — Insurance for catastrophe insurers. Because of the unpredictable nature of catastrophes, the large amount of damage they cause and the high number of insurance claims that occur as a result, a catastrophe insurance company faces a significant… … Investment dictionary
