Reinsurer

 

Meaning of the word: Reinsurer

Reinsurer is a company, which takes responsibility in the case that the insurer is unable to repay its obligations. The insurer must pay for this service. When the insurer gets into insolvency, reinsurer take full responsibility for his debts. 

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Credit transfer

Credit transfer is a type of electronic funds transfer from one bank account to another. It could be a transfer between accounts of institutions or…

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