What does Reinsurance Confirmation mean? Read on to discover the definition & meaning of the term Reinsurance Confirmation - to help you better understand the language used in insurance policies.
Evidence of pro rata or excess of loss reinsurance. A contract of adhesion, issued by the reinsurer confirming acceptance of risk. To be attached to the master facultative reinsurance certificate (cover note) issued by the intermediary.
We hope the you have a better understanding of the meaning of Reinsurance Confirmation.