Assumption reinsurance is a form of reinsurance whereby the reinsurer is substituted for the ceding insurer and becomes directly liable for policy claims. This ordinarily requires a notice and release from affected policyholders. In the more typical reinsurance arrangement, the reinsurer has an obligation to indemnify the ceding insurer, which remains liable for claims on policies it has issued, and policyholders' approval is not required.
This insurance-related article is a stub. You can help Wikipedia by expanding it.
assumption, reinsurance, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, december, 2009, learn, wh. This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Assumption reinsurance news newspapers books scholar JSTOR December 2009 Learn how and when to remove this template message Assumption reinsurance is a form of reinsurance whereby the reinsurer is substituted for the ceding insurer and becomes directly liable for policy claims This ordinarily requires a notice and release from affected policyholders In the more typical reinsurance arrangement the reinsurer has an obligation to indemnify the ceding insurer which remains liable for claims on policies it has issued and policyholders approval is not required This insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Assumption reinsurance amp oldid 1163814633, wikipedia, wiki, book, books, library,
