MLchartDataset catalogue

Facultative reinsurance FAC

Term · Insurance and risk management · MLC-T-INS-001446

A type of reinsurance where each individual risk or policy is offered by the ceding insurer and accepted or rejected by the reinsurer on a case-by-case basis. This method allows the reinsurer to underwrite each risk separately, providing flexibility for unusual or high-value exposures. It contrasts with treaty reinsurance, which covers entire portfolios of risks.

Table 1. Record
IdentifierMLC-T-INS-001446
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001446",
  "term": "Facultative reinsurance FAC",
  "field": "Insurance and risk management",
  "definition": "A type of reinsurance where each individual risk or policy is offered by the ceding insurer and accepted or rejected by the reinsurer on a case-by-case basis. This method allows the reinsurer to underwrite each risk separately, providing flexibility for unusual or high-value exposures. It contrasts with treaty reinsurance, which covers entire portfolios of risks.",
  "url": "https://mlchart.com/terminology/insurance/facultative-reinsurance-fac/"
}

Record 1,314 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.