reinsurer

  • 21Lloyd's of London — Not to be confused with Lloyds TSB or Lloyd s Register. Lloyd s redirects here. For other uses, see Lloyd This article is about the insurance market. For the film, see Lloyd s of London (film). Lloyd s Type Ins …

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  • 22Berkshire Hathaway — Infobox Company company name = Berkshire Hathaway Inc. company company type = Public (NYSE|BRKA, NYSE|BRKB) foundation = 1839 (as Valley Falls Company) founder = Warren Buffett location = area served = USA key people = Warren E. Buffett… …

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  • 23Retrocession — may refer to: *the transfer of risk from a reinsurer to another reinsurer *the return of something (e.g., land) that was ceded in general or, specifically: **District of Columbia retrocession, the retrocession to Virginia and, potentially, to… …

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  • 24Assumption reinsurance — is a form of reinsurance whereby the reinsurer is substituted for the ceding insurer and becomes directly liable for policy claims. This ordinarily requires a notice and release from affected policyholders. In the more typical reinsurance… …

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  • 25Categorisation 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… …

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  • 26Berkshire Hathaway Assurance — Infobox Company company name = Berkshire Hathaway Assurance company type = Private foundation = 2007, Omaha, NE, USA key people = Warren Buffett, President and CEO industry = Insurance | owner = Berkshire Hathaway Berkshire Hathaway Assurance is… …

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  • 27Insurance in the United States — refers to the market for risk in the United States of America. Some main features of insurance could be said to be, *the benefit provided by a particular kind of indemnity contract, called an insurance policy; *that is issued by one of several… …

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  • 28Assumption Endorsement — A supplemental insurance policy stipulating that, should the original insurer become insolvent, any claim covered by the reinsurance will be paid directly to the policyholder by the reinsurer, rather than through the traditional channels. This is …

    Investment dictionary

  • 29cession — ces·sion / se shən/ n 1: an act of ceding: a yielding (as of property) to another: as a in the civil law of Louisiana: assignment or transfer of property rights by a debtor to a creditor b: transfer of liability by an insurer to a reinsurer c:… …

    Law dictionary

  • 30facultative reinsurance — A form of reinsurance in which the terms, conditions, and reinsurance premium is individually negotiated between the insurer and the reinsurer. There is no obligation on the reinsurer to accept the risk or on the insurer to reinsure it if it is… …

    Big dictionary of business and management