WebFACULTATIVE OBLIGATORY TREATY : Agreement under which the ceding party can cede (but no binding) in case of pure facultative placements but the reinsured must accept under the agreement certain share of the specified underwritten risk by the ceding company; treaty has characteristics of facultative cessions as well as obligatory treaties ... Web16. spreading of risk : - proportional treaty : idr/usd - facultative obligatory : idr/usd - facultative : idr/usd 17. add. capacity needed : ....% eq idr/usd / maksimum capacity 18. r/i commission : 19. attachment :
Facultative Definition & Meaning Dictionary.com
WebFacultative Semi-Obligatory Treaty. A reinsurance contract under which the ceding company may or may not cede exposures or risks of a defined class to the reinsurer, which is obligated to accept if ceded. Facultative Treaty. WebRelated to FACULTATIVE OBLIGATORY REINSURANCE. Reinsurance All reinsurance treaties, contracts and arrangements to which any Insurance Subsidiary is a party are in … disk method vs shell method
Definition Of Facultative Obligatory Treaty In Insurance
WebFacultative Semi-Obligatory Treaty. A reinsurance contract under which the ceding company may or may not cede exposures or risks of a defined class to the reinsurer, … WebDefinition of "Facultative obligatory treaty". Hybrid between facultative reinsurance and treaty reinsurance where the ceding company may elect to assign certain risks that the … WebThree reinsurance methods are usual: Treaty Reinsurance, Facultative Reinsurance and a hybrid mode with elements from the Treaty and the Facultative. ... Cession by way of … disk migration software