Meaning intermediary clause
What does intermediary clause mean? Here you find 3 meanings of the word intermediary clause. You can also add a definition of intermediary clause yourself
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intermediary clauseThis is a provision in reinsurance agreements that identifies the intermediary negotiating the agreement. Most intermediary agreements shift all credit risk to reinsurers by providing that the ceden [..]
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intermediary clauseDefinition A section in a reinsurance contract that specifies the intermediary who negotiated the agreement. The ceding company usually transfers all credit risk to the reinsurer through this clause. [..]
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intermediary clauseIn reinsurance agreements, intermediary clause identifies the intermediary negotiating the agreement. Usually, all credit risks are shifted to reinsurers through intermediary clauses. An intermediary [..]
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