reinsure
reinsure.01 - to mitigate risks to an insurancy company by buying secondary insurance upon policies
REINSURANCE-N NOTES: Based on ontonouns. Slight comparison with insure.02. Framed by Katie. (from reinsurance.01-n)Aliases:
reinsurance (n.)
reinsure (v.)
reinsure (v.)
Roles:
ARG0-PAG: first insurance company, original insurer
ARG1-PPT: thing insured
ARG2-COM: second insurance company, reinsurer
ARG3-VSP: for how much
ARG4-GOL: beneficiary
ARG5-VSP: danger
ARG1-PPT: thing insured
ARG2-COM: second insurance company, reinsurer
ARG3-VSP: for how much
ARG4-GOL: beneficiary
ARG5-VSP: danger
reinsurance-n: args 0, 1
Life insurers are telling Congress that
theirARG2
reinsurancerel
of federal employee programsARG1
is necessary and should not be eliminated .reinsurance-n: arg5
This can push insurance companies away from purchasing
reinsurancerel
against large catastrophe eventsARG5
and toward purchasing reinsurance for smaller events .reinsurance-n: arg2
Insurers purchase
reinsurancerel
for other insurersARG2
for a number of reasonsreinsurance-n: arg3
... if an insurer would like to receive
reinsurancerel
for $ 10 millionARG3
and negotiates a 20 percent ceding commission ...reinsure-v: new policy
LandAmerica would pay
his newly formed shopARG2
to reinsurerel
the policyARG1
.reinsure-v: provide additional insurance
The distressed agent told him that
Lloyds of LondonARG2
had reinsuredrel
this packet of gemsARG1
for 1.5 million dollarsARG3
.