Surplus Treaty Reinsurance
A proportional treaty under which an insurer cedes, in respect of each risk covered by the treaty, the amount surplus to the specified retention. Ceding companies very frequently have several layers of surplus treaties so that they may accommodate very large risks, as the reinsurer's participation in any one surplus treaty is usually limited to a certain multiple of the ceding company’s retention. Premiums and claims are shared by the reinsurer and the ceding company on a pro-rata basis in proportion to the amount of the risk insured or reinsured by each. This is one of the oldest forms of treaty reinsurance and is still in common use in fire reinsurance.
Do you have old policies lying about? Perhaps it's a term or whole of life insurance, pension, endowment, bond or an annuity policy. Or do you receive statements for a policy which you are unsure about? Why not use Policy Detective to find the answers.
Which company now looks after your policy? Who can you contact about your policy? What do all those words and phrases on my policy document actually mean?
Policy Detective is a UK company for UK customers. We help you to track-down the Administrators for policies which you or your loved ones may have in the bureau or the attic. You never know how much money there could be in that old policy. It's not easy to find this information, as companies through time are taken-over, merge with other companies and even change their names. We can help you find the company which now deals with your policy. Some companies even allow us to check the status of your policy.
