Reinsurance Agreement - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/R7m3V9EVDL2R68BV2HvvGd1

Label Reinsurance Agreement

Preferred Label N/A

Identifier N/A

Alternative Labels

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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.

Class Relationships

Sub Class Of

• Insurance Agreements

Is Defined By

N/A

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

• None

Editorial Information

History Note

None

Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available