Reinsured,
Reinsured:
Insurance companies that seek insurance services to distribute all or part of their losses on insurance contracts issued with certain premiums are also called transmission companies.
You can define Reinsured as, The insured is reinsured when he reinsures from the insurance company. Insurance companies take this type of insurance as a precautionary measure to ensure that all their risks, not just those of their policyholders, are properly covered.
Meanings of Reinsured
Transfer (or part of the risk) to another insurer (from the insurer) to avoid the risk of the first insurance.
Sentences of Reinsured
Unions insure each other against the dangers of catastrophe
Reinsured,
What is The Definition of Reinsured?
An insurance company that allows an insurance company to share all of its losses or insurance contracts that it has issued at a certain premium. It is also called a broadcasting company.
Meaning of Reinsured: The insurer is reinsured when he reinsures with the reinsurer. Insurers take this type of insurance as a precautionary measure to ensure that all their risks, not their policyholders, are adequately covered.
Meanings of Reinsured
To protect against the risk of the first insurance (from the insurer) (all or part of the risk) transfer to another insurer.
Sentences of Reinsured
Unions insure each other against disaster risks.
Reinsured,
Reinsured Definition:
Reinsured means: An insurer who hires a reinsurer to share all or part of his losses with the insurance contract he has issued at a certain premium. It is also called a broadcasting company.
Meanings of Reinsured
Transfer (all or part of the risk) to the second insurer (from the insurer) for the first insurance risk protection.
Sentences of Reinsured
Unions guarantee each other against the risk of disaster.
