What Does Lead Reinsurer Mean?

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What does Lead Reinsurer mean? Read on to discover the definition & meaning of the term Lead Reinsurer - to help you better understand the language used in insurance policies.

Lead Reinsurer

Lead Reinsurer

This refers to the reinsurer that negotiates the terms, conditions, and premium rates and first signs on to the line slip; reinsurers that subsequently sign on to the same slip are considered following reinsurers and are bound by the same terms and conditions to which the lead reinsurer agreed.

We hope the you have a better understanding of the meaning of Lead Reinsurer.

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