Reinsured
Term · Insurance and risk management · MLC-T-INS-002861
The primary insurance company that transfers a portion of its risks to a reinsurer. This entity, also known as the ceding insurer, seeks to reduce its exposure to large losses and stabilize its financial results. The reinsured remains directly liable to its policyholders for all claims.
| Identifier | MLC-T-INS-002861 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002861",
"term": "Reinsured",
"field": "Insurance and risk management",
"definition": "The primary insurance company that transfers a portion of its risks to a reinsurer. This entity, also known as the ceding insurer, seeks to reduce its exposure to large losses and stabilize its financial results. The reinsured remains directly liable to its policyholders for all claims.",
"url": "https://mlchart.com/terminology/insurance/reinsured/"
}
Record 2,925 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.