Assumption reinsurance

Assumption 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 arrangement, the reinsurer has an obligation to indemnify the ceding insurer, which remains liable for claims on policies it has issued, and policyholders' approval is not required.

Regulators cautious about assumption re transfers. (National Association of Insurance Commissioners, reinsurance): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

See Details »

Insurers object to assumption re model law. (assumption reinsurance model law): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

See Details »

NAIC reviews assumption re consent. (National Association of Insurance Commissioners, reinsurance): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

See Details »

The infomation above is licensed under the GNU Free Documentation License and is derived from The Free Encyclopedia.com

Reinsurance

Insurance

Browse: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

- - - - -