sum reinsured

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Actuarial science — are professionals who are qualified in this field through examinations and experience. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science… … Wikipedia
retention — re·ten·tion /ri ten chən/ n 1: the act of retaining or the state of being retained 2: the portion of the insurance on a particular risk not reinsured or ceded by the originating insurer Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary

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