Reinsurance program definition

Reinsurance program or "program" means the
Reinsurance program. MEANS THE COLORADO REINSURANCE PROGRAM CREATED IN PART 11 OF THIS ARTICLE 16.
Reinsurance program means a program that maps a hierarchical sequence of ceded reinsurance treaties founded on a sound reinsurance management framework and which provides a flexible and effective tool for the management of risks underwritten by an insurance company;

Examples of Reinsurance program in a sentence

  • In accordance with the Department’s guidance, the morbidity change related to the Reinsurance program is set to 1.000.

  • State Mandated Morbidity Adjustment for the Reinsurance Program In accordance with the Department’s guidance, there is an adjustment of -0.1% to reflect the impact of morbidity improvement due to the Reinsurance program.

  • The Contractor shall provide any information requested by ASES in a timely manner as may be required for ASES to enter into a Reinsurance program.

  • Catastrophic Reinsurance: The Catastrophic Reinsurance program encompasses members receiving certain biotech drugs and those members diagnosed with hemophilia, non-DDAVP responding Von Willebrand’s Disease or Gaucher’s Disease, as follows: Biotech Drugs: Catastrophic reinsurance is available to cover the cost of certain biotech drugs when medically necessary.

  • The Patient Protection and Affordable Care Act (ACA) creates a Transitional Reinsurance program that will operate for three years (2014 through 2016) under regulations issued by the US Department of Health and Human Services (HHS).1 The Temporary Reinsurance program is intended to reduce uncertainty resulting from federally required changes to the non-group health insurance market by protecting issuers of non-group policies from the risk of enrolling a disproportionate share of high cost individuals.

  • Vermont does not currently have a 1332 waiver for a Reinsurance program.

  • Any change in deductible levels will have a corresponding impact on capitation rates.PPC inpatient expenses are not covered for any members under the reinsurance program unless they qualify under catastrophic or transplant reinsurance.Catastrophic ReinsuranceThe Catastrophic Reinsurance program encompasses members receiving certain biotech drugs (listed below), and those members diagnosed with hemophilia, Von Willebrand’s Disease or Gaucher’s Disease.

  • The third option would be for the Insurer (Pool) to purchase a layered XOL Reinsurance program again for losses excess of say 100% of GNPI (Figure 4.7, panel c.).

  • PLIA will use the following eligibility factors to determine whether to accept a site for entry into PTAP.Low-risk petroleum sites eligible for PTAP include: o Sites without a sediment and/or surface water pathway.o Sites with funding from PLIA’s Loan and Grant and/or UST Reinsurance program.

  • Submission and opening of the bids Bids must be submitted in sealed envelopes, either delivered by hand or couriered to the Chairman, Cabinet Approved Procurement Committee (CAPC), Agricultural and Agrarian Insurance Board, No 117, Sri Subhaddrarama Mawatha, Gangodawila, Nugegoda, Sri Lanka not later than 1400 hours on 16.01.2018 and be clearly marked "Bids of Reinsurance program to cover the Agricultural Insurance Scheme for Farmers.


More Definitions of Reinsurance program

Reinsurance program means the Colorado
Reinsurance program means the exchange

Related to Reinsurance program

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Health insurance plan means any health insurance policy or health benefit plan offered by a health insurer or a subcontractor of a health insurer, as well as Medicaid and any other public health care assistance program offered or administered by the State or by any subdivision or instrumentality of the State. The term includes vision care plans but does not include policies or plans providing coverage for a specified disease or other limited benefit coverage.

  • Health plan or "health benefit plan" means any policy,