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Automatic Reinsurance

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Automatic Reinsurance

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Automatic reinsuring of individual risks by an insurer with a reinsurer. The insurer must transfer the risks to its reinsurer and its reinsurer must accept this transfer.
See also reinsurance.

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Barron's Insurance Dictionary Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved. Read more

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