MLchartDataset catalogue

Assumed reinsurance

Term · Insurance and risk management · MLC-T-INS-000474

Reinsurance business accepted by a reinsurer from a primary insurer, where the reinsurer takes on a portion of the primary insurer's risk. This arrangement transfers liability for potential losses from the ceding company to the assuming company. It contrasts with ceded reinsurance, which is the business given up by the primary insurer.

Table 1. Record
IdentifierMLC-T-INS-000474
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000474",
  "term": "Assumed reinsurance",
  "field": "Insurance and risk management",
  "definition": "Reinsurance business accepted by a reinsurer from a primary insurer, where the reinsurer takes on a portion of the primary insurer's risk. This arrangement transfers liability for potential losses from the ceding company to the assuming company. It contrasts with ceded reinsurance, which is the business given up by the primary insurer.",
  "url": "https://mlchart.com/terminology/insurance/assumed-reinsurance/"
}

Record 230 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.