Sentences with surplus reinsurance
sur·plus re·in·sur·ance
S s - Surplus reinsurance is a form of proportional reinsurance in which risks are reinsured above a specified amount.Surplus reinsurance requires an insurer to transfer and the reinsurer to accept the part of every risk that exceeds the insurer's predetermined retention limit.Surplus reinsurance is reinsurance of amounts over a specified amount of insurance.