(plural Bordereaux) – A written schedule of insureds, premiums, and losses submitted to reinsurers under certain types of reinsurance agreements. See Facultative automatic.
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REINSURANCE: A report provided periodically by the Ceding Company detailing the reinsurance premiums and/or reinsurance losses and other pertinent information with respect to specific risks ceded under the reinsurance agreement. This report typically includes the insured’s name, premium basis, policy term, type of coverage, premium and the policy limit. Alternatively, a bordereau could also be the mechanism by which the Ceding Company details losses or claims, include insured, claimant, date of loss, description of loss, and financials.
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UK: information submitted by a cedant to a reinsurer giving details of individual risks insured under a reinsurance treaty.
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Refer: “Reinsurance, Bordereau: (Plural Bordereaux).”