Reinsurance Facility


Definition of "Reinsurance facility"

Edna I Rivera real estate agent
Edna I Rivera, Real Estate Agent Keller Williams Fort Myers & The Islands

  1. pool that contains various reinsurance companies with each sharing reinsurance contracts on a pro rata basis as they are submitted to the pool.
  2. market that operates much like the New York Stock Exchange in that reinsurance contracts are bought and sold on a bid and asked basis.
 

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