What Does Licensed for Reinsurance Only Mean?

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

Licensed for Reinsurance Only

Licensed for Reinsurance Only

Licensed for Reinsurance Only is a status that grants a reinsurance company or its employees the right to operate as reinsurers. It also allows reinsurance managers and reinsurance brokers to work in the state that licensed them. Like any other license, it can expire or be suspended.

We hope the you have a better understanding of the meaning of Licensed for Reinsurance Only.

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