Facultative reinsurance
Facultative reinsurance - Definition In facultative reinsurance, the ceding company cedes and the reinsurer assumes all or part of the Risk assumed by a particular specified insurance policy. It is a type of reinsurance where the reinsurer has the right to Accept or reject each p
What is Facultative reinsurance?
Facultative reinsurance - Definition In facultative reinsurance, the ceding company cedes and the reinsurer assumes all or part of the Risk assumed by a particular specified insurance policy. It is a type of reinsurance where the reinsurer has the right to Accept or reject each p
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