Treaty Reinsurance | Definition, How It Works, Types, Pros, Cons
https://www.financestrategists.com/insurance-broker/treaty-reinsurance/
Jul 12, 2023 · Treaty reinsurance is a type of reinsurance arrangement in which an insurer, known as the ceding company, transfers a specified portion of its risk exposure to a reinsurer under a pre-agreed contract. The reinsurer, in turn, agrees to indemnify the ceding company for a portion of its losses stemming from the covered risks.
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