- coinsurers
- n. one who jointly provides insurance with others; one who is jointly responsible for insurance
English contemporary dictionary. 2014.
coinsurers
Look at other dictionaries:
Coinsurer — One of the parties that provides additional insurance to the same person or policy. A Coinsurer provides partial coverage along with other coinsurers. Coinsurers are generally used when the amount being covered is too large for a single insurer… … Investment dictionary
facultative reinsurance — A form of reinsurance in which the terms, conditions, and reinsurance premium is individually negotiated between the insurer and the reinsurer. There is no obligation on the reinsurer to accept the risk or on the insurer to reinsure it if it is… … Big dictionary of business and management
lead — The first named underwriting syndicate on a Lloyd s insurance policy. When a broker seeks to cover a risk he will first try to get a large syndicate to act as lead, which encourages smaller syndicates to cover a share of the risk. The premium… … Big dictionary of business and management
