reinsurance treaty. A contract of reinsurance (usu. long-term) covering different classes or lines of business of the reinsured (such as professional liability, property, etc.) and obligating the reinsurer in advance to accept the cession of covered risks. • Rather than receive individual notice of each specific claim covered, the treaty reinsurer will generally receive periodic […]
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reinsurance treaty 再保险合同 再保险分出人与再保险人之间订立的双边合同，规定再保险分出人将其承保业务的部分或全部转移给再保险人，以及再保险的类型、方式和条件等。
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Reinsurance under a broad agreement of all risks in a given class as soon as they are insured by the direct insurer. [Cases: Insurance 3593.]
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bordereau (bor-d[schwa]-roh), n. 1. A description of reinsured risks; esp., a periodic report provided by a cedent to a treaty reinsurer, consisting of basic information affecting the reinsurance treaty, such as the underlying insureds, the types of risks covered, policies, and dates of loss. See REINSURANCE TREATY. 2. A detailed note of account. Pl. bordereaux.