Reinsurance Module

2. Type of reinsurance treaty where risks over and above the insurer's retention are transferred to reinsurers
4. a type of treaty that applies to losses on a policy inception date basis during the contract term
5. Form of reinsurance where a single risk is offered
9. Type of transaction that an insurer asks for from the reinsurance arrangement when a loss occurs
10. a type of treaty that applies to losses that take place during the contract term
11. Type of reinsurance treaty where claims and premium are made in the same proportion between insurer and reinsurer
13. Potential to make an insurer insolvent

1. a reinsurance transaction
3. Insurer decides how much risk to keep, a dollar amount of a retained risk or loss
6. an insurer who is wholely owned by one organisation and who's main purpose is to insure the risks of the parent company
7. Form of reinsurance where insurer transfers all risks within a portfolio and reinsurer accepts all risks as defined in the contract terms
8. Insurance for insurance companies
12. To transfer or surrender part of the risk to a reinsurer