outward reinsurance meaning in English
分出再保险
Examples
- Article 102 where an insurance company needs to place outward reinsurance business , it shall give priority to insurance companies established within the territory of the prc
第一百零二条保险公司需要办理再保险分出业务的，应当优先向中国境内的保险公司办理。 - Article 103 the financial supervision and regulation department shall have the authority to restrict or prohibit insurance companies from ceding any outward reinsurance business to insurance companies established without the territory of the prc or from accepting any inward reinsurance business from insurance companies established without the territory of the prc
第一百零三条金融监督管理部门有权限制或者禁止保险公司向中国境外的保险公司办理再保险分出业务或者接受中国境外再保险分入业务。