MLchartDataset catalogue

Admitted reinsurance

Term · Insurance and risk management · MLC-T-INS-000342

Reinsurance placed with a reinsurer that is licensed or authorized to operate in the ceding insurer's domicile state. This allows the ceding insurer to take full credit for the reinsurance in its financial statements, reducing its unearned premium and loss reserves. The reinsurer must meet specific financial and regulatory requirements.

Table 1. Record
IdentifierMLC-T-INS-000342
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000342",
  "term": "Admitted reinsurance",
  "field": "Insurance and risk management",
  "definition": "Reinsurance placed with a reinsurer that is licensed or authorized to operate in the ceding insurer's domicile state. This allows the ceding insurer to take full credit for the reinsurance in its financial statements, reducing its unearned premium and loss reserves. The reinsurer must meet specific financial and regulatory requirements.",
  "url": "https://mlchart.com/terminology/insurance/admitted-reinsurance/"
}

Record 75 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.