Definition of "Assumption"

Bill Hopkins real estate agent
Bill Hopkins, Real Estate Agent Coldwell Banker Watson and Knox Real Estate

Acceptance by a reinsurer of part or all of a risk that has been transferred to it by a primary insurer or another reinsurer.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions