Reinsurance exceeds a certain level of loss.. Agreement on a specific type of insurance, such as insurance of liability or life insurance or insurance from fire accidents

 In this photo is not agreement on reinsurance in each individual insurance policy, but is no agreement on a specific type of insurance, such as insurance of liability or life insurance or insurance of fire accidents, for example.

Under this agreement gets insured repeater on a percentage of the total premiums received by the insurer direct in a particular branch of insurance branches in return for cover losses that exceed the agreed limit.

Direct committed believer without this coverage and the insured limit repeater coverage is committed exceeded this limit.
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