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facultative reinsurance

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Facultative Reinsurance
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Legal Dictionary

Main Entry: fa·cul·ta·tive reinsurance
Pronunciation: 'fa-k&l-"tA-tiv
Function: noun
Etymology: alluding to the faculty (i.e., power or prerogative) of the reinsurer to accept or reject the agreement
: a separate reinsurance agreement drawn up for a single risk —compare TREATY REINSURANCE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Cite This Source
CATEX Pivot Point System
Placement, Accounting, Ledger & MI Web-Based: Brokers, MGA, Insurers
www.catex.com/pivotpoint.asp
Facultative Reinsurance
The Latest Industry Insights from Towers Perrin Experts. Download Now
www.TowersPerrin.com
Search another word or see facultative reinsurance on Thesaurus | Reference
Reinsurance Actuary Jobs
D.W. Simpson & Company, Inc. Property, Casualty, Life Reinsurers
www.actuaryjobs.com
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