Accept all or part of reinsured’s insurance or reinsurance on a risk or exposure through various forms of reinsurance.

A procedure under which one insurance or reinsurance) company takes over or assumes contractual obligations of another insurer or reinsurer.

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An amount accepted by the reinsurer.

An endorsement to an insurance policy or reinsurance contract wherein a reinsurer assumes insurance obligations or risks, or both, of existing or in-force policies of insurance. The term is distinguished from a cut-through. See Cut-Through Endorsement.