Insurance enterprises that engage exclusively in reinsurance.
A company that confines its business to reinsurance and does not undertake direct insurance.
a reinsurance company not transacting any direct insurance business.
A term used to designate a company whose business is confined solely to reinsurance and the peripheral services offered by a reinsurer to its customers as opposed to primary insurers who exchange reinsurance or operate reinsurance departments as adjuncts to their basic business of primary insurance. The majority of professional reinsurers provide complete reinsurance and service at one source directly to the ceding company.