Reinsurance Reserve Law and Legal Definition
Reinsurance reserve is a fund required by statute of an insurance company for the protection of its policyholders. Such fund is applied in the event of the insolvency or dissolution of the company to the reinsurance of outstanding risks carried by the company.
Legal Definition list
- Reinsurance Recoverables to Policyholder Surplus
- Reinsurance Intermediary
- Reinsurance Agreement [Banks & Banking]
- Reinsurance
- Reinstatement Period
- Reinsurance Reserve
- Reinvested Earnings and Undistributed Branch Profits
- Reinvested Earnings of Indirectly Owned Direct Investment Enterprises
- Reissue of a Bond
- Reissue Patent
- Reissued Card