A group of treaty arrangements offered by a Ceding Company as a package deal to reinsures. The Reinsurer is required to take an equal share in all the treaties (across the board), which may mean Writing some business which is normally not accepted, unbalanced or unattractive individually.
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Refer: “Reinsurance, Bouquet Of Treaties.”
Tag: RAW
Bouquet Treaty
Reinsurance treaty combining contracts from different classes of business; the package often includes both desirable and undesirable business.
Bourse
A continental exchange at which insurance is transacted e.g., at Amsterdam.
Boutique medicine
See: concierge care .