{"iri":"https://folio.openlegalstandard.org/R7m3V9EVDL2R68BV2HvvGd1","label":"Reinsurance Agreement","sub_class_of":["https://folio.openlegalstandard.org/RxmjoCAyfDHKhwXHlwikL"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R9bu7L3xOUfbWLaHRhimQa"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A Reinsurance Agreement is a contract where an insurer transfers a portion of its risks to another insurer, known as the reinsurer. This helps the primary insurer manage its risk exposure and maintain solvency by spreading potential large losses.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}