reinsurance

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reinsurance

Managed Care A type of protection purchased by HMOs or providers from insurance companies specializing in underwriting specific risks for a stipulated premium

reinsurance,

n insurance for third-party payers to spread their risk for losses (claims paid) over a specified dollar amount.
References in periodicals archive ?
Still, owners of captives are maintaining a wait-and-see attitude when it comes to captives being used to reinsure benefit pools.
Although there is currently a retrenchment in reinsurance of VA guarantees, Claire says once there is better pricing and a better understanding of what is being written, there will be more of a willingness to reinsure these guarantees again.
A typical PORC reinsures credit insurance and/or warranty/extended-service-contract risk.
If the life insurers reinsure that business, they can recognize the present value of those gains and help their reserves and capital position, too," Conroy said.
Who Reinsures What was developed with a single goal in mind--to make finding reinsurance coverages easy.
Use Who Reinsures What to develop relationships with the right companies, keeping your underwriting results stable and protecting your company from catastrophic losses.
He says Swiss Re reinsures all guarantees: death benefits, accumulation benefits, income benefits, withdrawal benefits and withdrawal benefits for life.
Who Reinsures What was developed with one goal in mind--to make finding reinsurance coverages easy.
Look for the Who Reinsures What logo and click on it for access to the online edition of this publication.
Manulife reinsures its plans, so reserves are not a concern, but keeping the market open is critical.