outwards reinsurance

outwards reinsurance
réassurance cédée, réassurance passive (LGA)

English-French insurance dictionary. 2013.

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  • Incurred but not reported — (IBNR) is a term in common use in general insurance.When a policy of general insurance is written it will typically cover a 12 month period from inception of the policy. When the policy is sold, a premium is paid by the insured party to the… …   Wikipedia

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