Admitted reinsurer
Term · Insurance and risk management · MLC-T-INS-000343
A reinsurance company licensed or authorized to conduct business in a specific state or jurisdiction. This status means the reinsurer is subject to the regulatory oversight and financial solvency requirements of that jurisdiction. Ceding insurers can typically take full credit for reinsurance placed with an admitted reinsurer on their financial statements.
| Identifier | MLC-T-INS-000343 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000343",
"term": "Admitted reinsurer",
"field": "Insurance and risk management",
"definition": "A reinsurance company licensed or authorized to conduct business in a specific state or jurisdiction. This status means the reinsurer is subject to the regulatory oversight and financial solvency requirements of that jurisdiction. Ceding insurers can typically take full credit for reinsurance placed with an admitted reinsurer on their financial statements.",
"url": "https://mlchart.com/terminology/insurance/admitted-reinsurer/"
}
Record 76 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.