Reinsurance a transaction between a primary insurer and another licensed (re) insurer where the reinsurer agrees to cover all or part of the losses and/or loss adjustment expenses of the primary insurer. The assumption is in exchange for a premium. Indemnification is on a proportional or non proportional basis. What is Reinsurance , What does mean Reinsurance , Insurance Guide, Insurance Glossary
Workers' Compensation insurance that covers an employer's liability for injuries, disability or death to persons in their employment, without regard to fault, a... more