Semi-obligatory reinsurance

Treaty under which only one of the parties has an obligation. The cedant may be obliged to offer all risks of the given class but the reinsurer will not be bound to accept them (obligatory-facultative). Conversely, the reinsurer may obliged to accept all risks that the cedant chooses to offer (facultative-obligatory).

Semicolon (;)

Punctuation sign used to identify the common part or main entry and is placed at the end of the phrase followed by indented modifying terms or descriptions in the Current Procedural Terminology (CPT) code book.