TERMIUM Plus®

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FACULTATIVE-OBLIGATORY [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2001-02-06

English

Subject field(s)
  • Insurance
DEF

A form of life reinsurance which is a hybrid between facultative and automatic. The risk to be ceded is submitted to the reinsurer, which has limited rights to decline individual risks.

Key term(s)
  • facultative-obligatory reinsurance

French

Domaine(s)
  • Assurances

Spanish

Campo(s) temático(s)
  • Seguros
DEF

Reaseguro mixto, en el sentido de que la compañía cedente no se compromete a ceder, pero el resegurador sí se obliga a aceptar los riesgos que le sean cedidos por la cedente, siempre que se cumplan determinados requisitos previamente establecidos al efecto en un documento, denominado carta de garantía o cover.

Key term(s)
  • reaseguro facultativo-obligatorio
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