Reinsurance Credit

Definition of "Reinsurance credit"

credit reflected on a ceding company's annual statement, showing reinsurance premiums ceded and losses recoverable from the reinsurer.

Search Real Estate Glossary

Related Real Estate Glossary terms

Asset Transfer

Direct payment to a new custodian for a retirement plan. This payment is not a taxable event since i ...

Portfolio

Reducing real estate investment risk by acquiring diversified holdings. ...

Full-paid Additions

Same as term Dividend Addition: option in a participating policy under which dividends are used to p ...

Large Loss Principle

Transfer of high severity risks through the insurance contract to protect against catastrophic occur ...

Insurance Company Organization

Structure. In general, company functions are delegated to several departments: actuarial, agency, cl ...

Filing Insurance Company

Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...

Related Real Estate FAQ

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Is An Index?

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

What Is A Title?

A title is the right of property ownership. ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Foreclosure - The Pros and Cons of Buying 3 tips to ensure your sale goes through Rent or Buy - the pros and cons Should you Buy a Home with Cash? What Must I Disclose When Selling My Home?

FAQ

What does an appraisal mean? What is a fixed-rate mortgage? What is an interest rate? What is a maintenance fee? What is earnest money?