Phrases with «reinsurance arrangements»

"reinsurance arrangements" refer to agreements made by insurance companies to protect themselves from big financial losses. It is like insurance for insurance companies. If they have a policyholder who makes a big claim, the reinsurance company helps cover the costs, reducing the potential financial burden on the original insurance company. Full definition

Sentences with «reinsurance arrangements»

  • The court determined that captive reinsurance arrangements do not violate RESPA as long as the mortgage insurer pays market value for the reinsurance. (nar.realtor)
  • Organization and Transactions Including life insurance company formation, mergers and acquisitions through stock and asset acquisition, including reinsurance arrangements, reorganizations, and dissolutions; and separate account transfers and reorganizations. (carltonfields.com)
  • Also, Indian insurers will have to file with the board of directors details of reinsurance arrangements proposed for the foreign branches to take care of the exposures because of the underwriting of risks taken in those countries. (indianexpress.com)
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