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|English to Romanian translations [PRO]|
Law/Patents - Law: Contract(s) / contract de reasigurare
|English term or phrase: Inuring Reinsurance|
|"Inuring Reinsurance" shall mean facultative reinsurance, treaty reinsurance and in particular any underlying excess of loss reinsurance, applied prior to this Agreement in case of a loss happening, recoveries under which accrue to the benefit of this Agreement. Inuring Reinsurance however shall not be understood to mean any under or overlying stop loss reinsurance.|
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