Bordereau
Definition of "Bordereau"
Form of reinsurance that shows loss history and premium history with respect to specific risks. The ceding company provides its re-insurer with mat information. This information is used by the reinsurance company in establishing the reinsurance premium rates.
Popular Insurance Terms
Legislation that provides support for legal actions against individuals or organizations involved in systematic illegal activities. This act has been applied against insurance organizations ...
Investments made in a variety of securities issued by government agencies. ...
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