Facultative Reinsurance

Business, Legal & Accounting Glossary

Definition: Facultative Reinsurance


Facultative Reinsurance


Full Definition of Facultative Reinsurance


Reinsurance where the reinsurer has the right to accept or reject each policy presented to him or her by the insurance company.


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Modern Language Association (MLA):
Facultative Reinsurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/facultative-reinsurance/.
Chicago Manual of Style (CMS):
Facultative Reinsurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/facultative-reinsurance/ (accessed: April 19, 2024).
American Psychological Association (APA):
Facultative Reinsurance. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/facultative-reinsurance/

Definition Sources


Definitions for Facultative Reinsurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.