Reinsurance premium
Term · Insurance and risk management · MLC-T-INS-002856
The payment made by a ceding insurer to a reinsurer in exchange for the transfer of risk. This premium is typically a portion of the original premium collected by the ceding insurer from its policyholders. It is calculated based on the type of reinsurance, the risks covered, and the agreed-upon terms.
| Identifier | MLC-T-INS-002856 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002856",
"term": "Reinsurance premium",
"field": "Insurance and risk management",
"definition": "The payment made by a ceding insurer to a reinsurer in exchange for the transfer of risk. This premium is typically a portion of the original premium collected by the ceding insurer from its policyholders. It is calculated based on the type of reinsurance, the risks covered, and the agreed-upon terms.",
"url": "https://mlchart.com/terminology/insurance/reinsurance-premium/"
}
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