Webster's Online Dictionary
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Specialty Expressions: HUNDRED PER CENT TREATY BASIS

ExpressionsDomainDefinition
Hundred per cent treaty basisInsuranceThe basis of rendering accounts to treaty reinsurers; only the total of premiums and claims, etc. is shown, and not the proportion to which each reinsurer is entitled, the proportion being given only for the net balance due to or from each reinsurer. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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