| 单词 | surplus reinsurance |
| 释义 | surplus reinsurance in Insurance (sɜrplʌs riɪnʃʊərəns) noun (Insurance: Reinsurance) reinsurance Surplus reinsurance is reinsurance of amounts over a specified amount of insurance. Surplus reinsurance is a form of proportional reinsurance in which risks are reinsured above a specifiedamount. Surplus reinsurance requires an insurer to transfer and the reinsurer to accept the part of every riskthat exceeds the insurer's predetermined retention limit. Surplus reinsurance is reinsurance of amounts over a specified amount of insurance. |
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