The reinsurer who negotiates the terms, conditions, and premium rates for a policy and is the first to sign the line slip for the contract. When multiple reinsurers are party to a reinsurance agreement, one must lead. The other following reinsurers sign below the lead and are contractually obligated to the provisions negotiated by the lead insurer.
Related information about lead reinsurer:
- lead reinsurer - Insurance Glossary
lead reinsurer - This refers to the reinsurer that negotiates the terms, conditions, and premium rates and first signs on to the line slip;
- What is lead reinsurer? definition and meaning
Definition of lead reinsurer: The reinsurer who negotiates the terms, conditions, and premium rates for a policy and is the first to sign the line slip for the contract.
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Lead Reinsurer: The reinsurer who negotiates the terms, conditions and premium rates ... In some cases, the lead reinsurer may have narrower responsibilities.
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Following Reinsurer. A reinsurer which follows the lead reinsurer on a cover being placed, accepting or rejecting the terms as presented. See Lead Underwriter.
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Lead Reinsurer is the person who negotiates the terms, conditions, and premium rates of reinsurance. S/he is the person who signs on the slip first. Reinsurers ...
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Lead Reinsurer · Lead Scoring · Lead Underwriter · Leader Company Contracting · Law Firms: Advertise on USLegal, Inc. Reach millions of Legal Consumers ...
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Lead Reinsurer - The reinsurer who negotiates the terms, conditions, and premium rates and first signs on to the slip; reinsurers who subsequently sign on to the ...
- Reinsurance - Wikipedia, the free encyclopedia
The reinsurer who sets the terms (premium and contract conditions) for the reinsurance contract is called the lead reinsurer; the other companies subscribing to ...