obligatory reinsurance - meaning and definition. What is obligatory reinsurance
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What (who) is obligatory reinsurance - definition

ONE OF THREE KINDS OF DAILY OBLIGATORY PRAYER IN THE BAHÁ'Í FAITH
Obligatory Bahá'í Prayers; Baha'i obligatory prayers; Obligatory Baha'i prayers; Obligatory Bahai prayers; Obligatory baha'i prayers; Obligatory Baha'i Prayers; Bahai obligatory prayers; Bahai obligatory prayer; Obligatory Bahá'í prayers
  • Baháʼís may use prayer beads which consist of either 95 or 19 beads to recite daily prayers if they wish to repeat them, as well as other observances which are to be said a set number of times.<ref>[http://www.bahai.us/prayer-the-pinnacle-of-faith Prayer: the pinnacle of faith, Baha'i style] July 2008</ref>

Reinsurance         
INSURANCE THAT IS PURCHASED BY AN INSURANCE COMPANY, IN WHICH SOME PART OF ITS OWN INSURANCE LIABILITIES IS PASSED ON TO ANOTHER INSURANCE COMPANY
Reinsurer; Retrocession (Insurance); Re-insurance; Reinsurance companies; Reinsure; Facultative reinsurance; Facultative Reinsurance; Reinsurance market; Risk transfer; Reinsurance spiral; Excess-of-loss reinsurance; Double insurance; Reinsurers
·noun Insurance a second time or again; renewed insurance.
II. Reinsurance ·noun A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. ·see Reassurance.
Reinsurance         
INSURANCE THAT IS PURCHASED BY AN INSURANCE COMPANY, IN WHICH SOME PART OF ITS OWN INSURANCE LIABILITIES IS PASSED ON TO ANOTHER INSURANCE COMPANY
Reinsurer; Retrocession (Insurance); Re-insurance; Reinsurance companies; Reinsure; Facultative reinsurance; Facultative Reinsurance; Reinsurance market; Risk transfer; Reinsurance spiral; Excess-of-loss reinsurance; Double insurance; Reinsurers
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company.
Reinsurer         
INSURANCE THAT IS PURCHASED BY AN INSURANCE COMPANY, IN WHICH SOME PART OF ITS OWN INSURANCE LIABILITIES IS PASSED ON TO ANOTHER INSURANCE COMPANY
Reinsurer; Retrocession (Insurance); Re-insurance; Reinsurance companies; Reinsure; Facultative reinsurance; Facultative Reinsurance; Reinsurance market; Risk transfer; Reinsurance spiral; Excess-of-loss reinsurance; Double insurance; Reinsurers
·noun One who gives reinsurance.

Wikipedia

Obligatory Baháʼí prayers

Obligatory Baháʼí prayers are prayers which are to be said daily by Baháʼís according to a fixed form decreed by Baháʼu'lláh. Prayers in the Baháʼí Faith are reverent words which are addressed to God, and refers to two distinct concepts: obligatory prayer and devotional prayer (general prayer). The act of prayer is one of the most important Baháʼí laws for individual discipline. Along with fasting, obligatory prayer is one of the greatest obligations of a Baháʼí, and the purpose of the obligatory prayer is to foster the development of humility and devotion. The obligation of daily obligatory prayer was prescribed by Baháʼu'lláh, the founder of the Baháʼí Faith, in his book of laws, the Kitáb-i-Aqdas.

It is forbidden to perform the obligatory prayers in congregation, so the daily obligatory prayers are offered individually, though it is not required that they be said in private.