Definition of reinsurance fund. Meaning of reinsurance fund. Synonyms of reinsurance fund

Here you will find one or more explanations in English for the word reinsurance fund. Also in the bottom left of the page several parts of wikipedia pages related to the word reinsurance fund and, of course, reinsurance fund synonyms and on the right images related to the word reinsurance fund.

Definition of reinsurance fund

reinsurance fund
Reserve Re*serve", n. 1. (Finance) (a) That part of the assets of a bank or other financial institution specially kept in cash in a more or less liquid form as a reasonable provision for meeting all demands which may be made upon it; specif.: (b) (Banking) Usually, the uninvested cash kept on hand for this purpose, called the real reserve. In Great Britain the ultimate real reserve is the gold kept on hand in the Bank of England, largely represented by the notes in hand in its own banking department; and any balance which a bank has with the Bank of England is a part of its reserve. In the United States the reserve of a national bank consists of the amount of lawful money it holds on hand against deposits, which is required by law to be not less than 15 per cent (--U. S. Rev. Stat. secs. 5191, 5192), three fifths of which the banks not in a reserve city (which see) may keep deposited as balances in national banks that are in reserve cities (--U. S. Rev. Stat. sec. 5192). (c) (Life Insurance) The amount of funds or assets necessary for a company to have at any given time to enable it, with interest and premiums paid as they shall accure, to meet all claims on the insurance then in force as they would mature according to the particular mortality table accepted. The reserve is always reckoned as a liability, and is calculated on net premiums. It is theoretically the difference between the present value of the total insurance and the present value of the future premiums on the insurance. The reserve, being an amount for which another company could, theoretically, afford to take over the insurance, is sometimes called the reinsurance fund or the self-insurance fund. For the first year upon any policy the net premium is called the initial reserve, and the balance left at the end of the year including interest is the terminal reserve. For subsequent years the initial reserve is the net premium, if any, plus the terminal reserve of the previous year. The portion of the reserve to be absorbed from the initial reserve in any year in payment of losses is sometimes called the insurance reserve, and the terminal reserve is then called the investment reserve. 2. In exhibitions, a distinction which indicates that the recipient will get a prize if another should be disqualified. 3. (Calico Printing) A resist. 4. A preparation used on an object being electroplated to fix the limits of the deposit. 5. See Army organization, above.

Meaning of reinsurance fund from wikipedia

- the reinsurance policy is referred to as the "ceding company" or "cedent". The company issuing the reinsurance policy is referred to as the "reinsurer"....
- An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial...
- angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital...
- A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada...
- Ltd is a Swiss reinsurance company founded in 1863 and headquartered in Zürich, Switzerland. It is one of the world's largest reinsurers, as measured by...
- 5%). Munich Reinsurance America American Modern Insurance Group Hartford Steam Boiler Inspection and Insurance Company Munich Reinsurance Trading LLC...
- on to other syndicates via reinsurance. Those reinsurers then in turn reinsured part of the risk out to other reinsurance underwriters within Lloyd's...
- 2019. "Chris McKeown, the founder of Bermuda reinsurers CIG Reinsurance Ltd. and New Castle Reinsurance Co., has been named chief executive officer of...
- surplus.[citation needed] In the reinsurance fields, actuarial science can be used to design and price reinsurance and retrocession arrangements, and...
- the reinsurance market under the name "quota-share reinsurance." In such an agreement, a re/insurer agrees to cede to the quota-share reinsurer a percentage...