reinsurance

• Pratique par laquelle une compagnie d'assurance transfère tout ou partie d'un risque à une autre compagnie d'assurance, en échange d'une partie de la prime versée par l'assuré.

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.

indénombrable

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.

   Réassurance

   • 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.