# Reinsurance Agreement

**IRI:** https://folio.openlegalstandard.org/R7m3V9EVDL2R68BV2HvvGd1

## Labels

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RxmjoCAyfDHKhwXHlwikL

## See Also

- https://folio.openlegalstandard.org/R9bu7L3xOUfbWLaHRhimQa

**Deprecated:** False