TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

facultative reinsurance [1 record]

Record 1 2009-04-03

English

Subject field(s)
  • Reinsurance and Coinsurance
  • Foreign Trade
DEF

Reinsurance of individual risks by offer and acceptance wherein the reinsurer retains the "right" to accept or reject each risk offered by the ceding company.

CONT

Facultative reinsurance agreements often cover catastrophic or unusual risk exposures.

Key term(s)
  • facultative reassurance
  • specific reassurance

French

Domaine(s)
  • Réassurance et coassurance
  • Commerce extérieur
DEF

Réassurance par laquelle l'assureur propose un risque au réassureur qui peut l'accepter ou le refuser.

CONT

L'engagement du réassureur, en réassurance facultative, est matérialisé par un bordereau établi par le cédant, puisqu'il n'y a pas de traité ou contrat liant la cédante au réassureur.

Spanish

Campo(s) temático(s)
  • Reaseguro y coseguro
  • Comercio exterior
DEF

Aquél en que la compañía cedente no se compromete a ceder, ni la compañía reaseguradora se compromete a aceptar, determinada clase de riesgos, sino que éstos han de ser comunicados individualmente, estableciéndose para cada caso concreto las condiciones que han de regular la cesión y la aceptación.

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: