An insurance company buying reinsurance cover by ceding part of its business to ne reinsurer under proportional reinsurance. The term is also used more informally to describe a reinsured entering into excess of loss treaties.
The Rantings of the barely human.
An insurance company buying reinsurance cover by ceding part of its business to ne reinsurer under proportional reinsurance. The term is also used more informally to describe a reinsured entering into excess of loss treaties.