Hybrid between Facultative Reinsurance and treaty reinsurance where the Ceding Company may elect to assign certain risks that the reinsurer is obligated to accept.
| Insurance Dictionary: Facultative Obligatory Treaty |
Hybrid between Facultative Reinsurance and treaty reinsurance where the Ceding Company may elect to assign certain risks that the reinsurer is obligated to accept.
| 5min Related Video: Facultative Obligatory Treaty |
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