reinsurance

• Práctica mediante la cual una compañía de seguros transfiere parte o la totalidad de su riesgo a otra compañía aseguradora a cambio de una parte de la prima pagada por el asegurado.

A noun referring to the practice in which an insurance company transfers part or all of its risk to another insurance company in exchange for a portion of the premium paid by the policyholder.

incontable

1. Risk transfer between insurersC1formalbusiness

   An arrangement where an insurance company transfers part or all of its risk to another insurance company in exchange for a portion of the premium.

   Reaseguro

   • The primary insurer purchased reinsurance to protect against catastrophic losses.
   • Reinsurance allows companies to underwrite larger policies than they could alone.
   • The reinsurance contract specified the terms of risk sharing between the two firms.