Treaty

See: automatic reinsurance .
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A reinsurance contract under which the reassured agrees to offer and the reinsurer agrees to accept all risks of certain size within a defined class.
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REINSURACNE: A reinsurance contract under which the reinsured company agrees to cede and the reinsurer agrees to assume a portfolio of risks of a particular class or classes of business.
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Reinsurance under treaties relating to specified classes of policies.