What Does Reinsurance Credit Mean?

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

Reinsurance Credit

Reinsurance Credit

Credit taken in an annual statement by a ceding insurer for reinsurance premiums ceded and for reinsurance losses recoverable.

We hope the you have a better understanding of the meaning of Reinsurance Credit.

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