Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Coinsurer
An insurer who shares losses sustained under an insurance policy. See coinsurance under INSURANCE.
Insurer
One who agrees, by contract, to assume the risk of another's loss and to compensate for that loss. - Also termed underwriter; insurance underwriter; carrier; assurer (for life insurance).
Reinsurer
An insurer that assumes all or part of a risk underwritten by another insurer, usu. in exchange for a percentage of the original premium.
captive insurer
See captive insurance company under INSURANCE COMPANY. Capture See RULE OF CAPTURE.
quasi-insurer
See INSURER.