TERMIUM Plus®

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

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Record 1 2003-03-25

English

Subject field(s)
  • Insurance Law
DEF

An arrangement whereby an insurer or reinsurer accepts an amount on a risk or writes a volume of business covering numerous risks with the preconceived intention of passing a definite proportion of the acceptances to another insurer or reinsurer.

French

Domaine(s)
  • Droit des assurances
DEF

Opération suivant laquelle une société garantit juridiquement un risque dont elle cède tout ou partie à une autre société qui n'apparaît pas dans le contrat et qui est le plus souvent inconnue de l'assuré.

Spanish

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