| 单词 | proportional reinsurance coverage |
| 释义 | proportional reinsurance coverage in Insurance (prəpɔrʃənəl riɪnʃʊərəns kʌvərɪdʒ) noun (Insurance: Reinsurance) reinsurance, coverage Proportional reinsurance coverage is reinsurance of part of original insurance premiums and losses being shared between a reinsurer and insurer. With proportional reinsurance coverage, the ceding company and the reinsurer share risks and premiums on a proportionalbasis. Under proportional reinsurance coverage, the insurer and the reinsurer both share the premiums and the claims on a givenrisk in a specified proportion. Proportional reinsurance coverage is reinsurance of part of original insurance premiums and losses being shared betweena reinsurer and insurer. |
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