Treaty reinsurance

{
  "id": "MLC-T-INS-003368",
  "term": "Treaty reinsurance",
  "field": "Insurance and risk management",
  "definition": "A type of reinsurance where the ceding insurer agrees to cede and the reinsurer agrees to accept all risks of a certain class or type that meet predefined criteria. This arrangement provides automatic coverage for a portfolio of policies, rather than negotiating each risk individually. It offers efficiency and stability for both parties.",
  "url": "https://mlchart.com/terminology/insurance/treaty-reinsurance/"
}