TERMIUM Plus®

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

REINSURANCE COMPANY [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2010-06-21

English

Subject field(s)
  • Reinsurance and Coinsurance
DEF

An insurance company which accepts the obligation of another insurance company by means of some agreement.

OBS

In the event of a claim, the reinsurer pays its share of the loss to the primary insurer. For this service, the reinsurer is paid a share of the insurance premium in accordance with its level of participation in the risks.

French

Domaine(s)
  • Réassurance et coassurance
DEF

[Société qui] s'engage à indemniser une société d'assurance «la cédante» contre tout ou partie du risque qu'elle a souscrit aux termes d'une ou plusieurs polices d'assurance.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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