Assumed premiums
Term · Insurance and risk management · MLC-T-INS-000473
The total amount of premiums that a reinsurer receives for the risks it accepts from ceding insurers. These premiums represent the consideration for the reinsurer's obligation to pay a portion of the claims on the underlying policies. This figure is a key component in a reinsurer's financial statements.
| Identifier | MLC-T-INS-000473 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000473",
"term": "Assumed premiums",
"field": "Insurance and risk management",
"definition": "The total amount of premiums that a reinsurer receives for the risks it accepts from ceding insurers. These premiums represent the consideration for the reinsurer's obligation to pay a portion of the claims on the underlying policies. This figure is a key component in a reinsurer's financial statements.",
"url": "https://mlchart.com/terminology/insurance/assumed-premiums/"
}
Record 224 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.