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From The Glossary »

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Life Reinsurance:

There are two principal methods by which life insurers obtain reinsurance cover and protection: _ The co-insurance basis is analogous to quota share reinsurance and is often also referred to as original term business. _ The risk premium basis is analogous to term life insurance and often takes the form of facultative reinsurance. In the case of sub-standard lives and sums insured for which it normally obtains reinsurance cover, a life company generally ...
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