TERMIUM Plus®

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

SURPLUS AID [1 record]

Record 1 1989-06-06

English

Subject field(s)
  • Reinsurance and Coinsurance
DEF

Use of admitted reinsurance on a portfolio basis to offset extraordinary drains on policyholders' surplus.

DEF

a form of reinsurance contract which enables a company to transfer a block of business thereby reducing its unearned premium liability and improving its surplus.

French

Domaine(s)
  • Réassurance et coassurance
OBS

Proposition faite par le service de traduction la Mutuelle du Canada à partir du terme «provision d'équilibrage» : provision constituée pour une longue durée par l'assureur ou le réassureur, et destinée à niveler les résultats d'exploitation de certains risques ou catastrophiques.

Spanish

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