Financial Reinsurance Law and Legal Definition
Financial Reinsurance is a type of reinsurance which considers the time value of money and has loss containment provisions. It does not concentrate on risk factor, but on capital management. Financial reinsurance is aimed at enhancing the cedant’s operating ratios such as the combined ratio; loss portfolio transfers; and financial quota shares.
Legal Definition list
Related Legal Terms
- Academy of Financial Divorce Practitioners
- Annual Statutory Financial Statement [Agriculture]
- Appropriate Federal Financial Supervisory Agency [Banks & Banking]
- Appropriate Financial Regulator [Banks & Banking]
- Assumption Reinsurance
- Automobile Reinsurance Facility
- Bridge Financial Company [Banks & Banking]
- Bureau of Consumer Financial Protection
- Catastrophe Reinsurance
- Ceded Reinsurance Leverage
