facultative reinsurance. A form of reinsurance whereby each exposure the ceding company wishes to reinsure is offered to the reinsurer and is contained in a single transaction. The submission, acceptance, and resulting agreement is required on each individual risk that the ceding company seeks to reinsure.
Ireland (/ËaÉªÉrlÉnd/; Irish: Ãire [ËeËÉ¾Ê²É]), also known as the Republic of Ireland (Poblacht na hÃireann), is a sovereign state in north-western Europe occupying about five-sixths of the island of Ireland.
Ireland is a single island, situated next to Britain, but there are two countries on the island. The Republic of Ireland makes up most of the island. The Republic of Ireland is an independent sovereign state. Northern Ireland makes up the northeastern part of the island.