reinsurer
11reinsure — reinsurer, n. /ree in shoor , sherr /, v.t., reinsured, reinsuring. 1. to insure again. 2. Insurance. to insure under a contract by which a first insurer is relieved of part or all of the risk, which devolves upon another insurer. [1745 55; RE +… …
12Reinsurance — 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,… …
13Financial 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 …
14Cession — The portions of the obligations in an insurance company s policy portfolio that are transferred to a reinsurer. Risk can be transferred to the reinsurer in one of two ways: proportional or non proportional. Proportional reinsurance is an… …
15Actuarial science — are professionals who are qualified in this field through examinations and experience. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science… …
16Reinsurance 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… …
17Citadel Investment Group — Infobox Company company name = Citadel Investment Group, L.L.C. company company type = Private, Limited Liability Company company slogan = owner = foundation = 1990 location = flagicon|USA Chicago, Illinois, USA key people = Kenneth C. Griffin,… …
18Citadel LLC — (formerly known as Citadel Investment Group, LLC) Type Private, Limited Liability Company Industry Hedge fund Management Founded 1990 He …
19Finite Reinsurance — A type of reinsurance that transfers over only a finite or limited amount of risk. Risk is reduced through accounting or financial methods, along with the actual transfer of economic risk. By transferring less risk to the reinsurer, the insurer… …
20Yearly Renewable Term Plan of Reinsurance — A type of life reinsurance where mortality risks are transferred to a reinsurer. In the yearly renewable term plan of reinsurance, the primary insurer (the ceding company) yields to a reinsurer its net amount at risk (the difference between the… …
