What Does Reinsurance Premium Mean?

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

Reinsurance Premium

Reinsurance Premium

A reinsurance premium is an amount of money that an insurance company pays to a reinsurance company to receive a specific amount of reinsurance coverage over a specified period of time.

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

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