Reinsurance

Reinsurance
Risk-transfer, treaty, and catastrophe-capacity terms.
Ceding Company
Original insurer that transfers part of its risk to a reinsurer.
Excess of Loss Reinsurance
Reinsurance that responds only above the insurer's retained loss layer.
Facultative Reinsurance
Facultative reinsurance in Canada: how an individual risk can be submitted separately to a reinsurer.
Proportional Reinsurance
Reinsurance that shares premiums and losses by agreed percentages.
Reinsurance
How insurers transfer part of their risk to reinsurers.
Retention
Amount of risk or loss the ceding insurer keeps before reinsurance responds.
Treaty Reinsurance
Standing reinsurance arrangement covering a defined class of business.