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reinsurance
(redirected from Facultative reinsurance)

   Also found in: Medical, Legal, Financial, Wikipedia 0.02 sec.
re·in·sure  (rn-shr)
tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.

rein·surance n.
rein·surer n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.reinsurance - sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured; "reinsurance enables a client to get coverage that would be too great for any one company to assume"
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
Translations
reinsurance [ˈriːɪnˈʃʊərəns] Nreaseguro m
reinsurance


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The Willis facultative reinsurance team, which was formed in 2003, has grown to 41 from three just five years ago.
Gulf Re describes itself as a specialist reinsurer focused solely on business opportunities emanating from the Gulf, including high-value oil and gas, industrial, utility and transportation assets on both a treaty and facultative reinsurance basis.
One side effect is the blooming of the facultative reinsurance market for catastrophe-exposed commercial buildings.
 
 
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