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单词 automatic proportional reinsurance
释义

automatic proportional reinsurance

Definition
A type of reinsurance wherein the insurer automatically reinsures certain risks with his or her reinsurer by transfer. Under this type of reinsurance, premiums and losses are divided between the insurer and reinsurer. The reinsurer pays the insurer a transfer commission.
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更新时间:2025/4/18 10:17:21