| retention |
The amount of risk or loss that the reinsured or the reinsurer keeps for its own account or that of specified others. The Reinsurer becomes only liable for the amount of loss that exceeds the retention. In other words: the retention is the maximum amount that the reinsured is prepared to pay on any loss affecting a policy, risk or group of risks. It ensures that the reinsured has a genuine and adequate interest in the risk.
출처: www.genre.com/page/0,1019,ref%253DReinsurance_Term...
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| retention |
The holding of runoff in a basin without release except by means of evaporation, infiltration or emergency bypass.
출처: www.calhouncountymi.org/Departments/DrainCommissio...
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| retention |
This is the money retained by the bank and paid to you once the bond is registered. Payments are made in the form of progress payments as work on your house progresses.
출처: www.standardbank.co.za/SBIC/Frontdoor_02_01/0,2354...
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| retention |
Renewing of an individual's membership for another year.
출처: www.nejaycees.org/about/jargon.asp
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| retention |
Amount of risk which the policyholder or insurer does not insure or reinsure but keeps for its own account.
출처: www.swissre.com/INTERNET/pwswpspr.nsf/vwRobotCrawl...
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