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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Savings bank

Savings Bank is a bank that specializes in savings.Savings means lower amounts of storage on a regular basis, from which stems the interest to the…

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