Word forms: (plural) reinsurance treaties
( Insurance : Reinsurance )
The reinsurer will be obliged to pay for losses that have occurred prior to commencement
of the reinsurance treaty but unsettled at the end of the previous contract period.
The reinsurance treaty is negotiated and signed by a ceding company and a reinsurer and establishes the
terms and conditions by which risk can be submitted for reinsurance.
A reinsurance treaty is a contract that defines the terms of reinsurance business.
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