The amount of energy required to cause a chemical reaction;specifically the energy required to reach the transition state. active site The location on an enzyme where substrates bind and react.
Reinsurance Glossary. Accredited Reinsurer â A reinsurer that is not licensed in a state but demonstrates that it meets the financial conditions of the state, is licensed in at least one state, and submits to the state and allows its books and records to be examined.
Most employers that offer self-funded plans purchase reinsurance to cover large losses. Reinsurance is an insurance policy that kicks in after a self-funded plan has paid a certain amount for a claim or has paid a certain aggregate amount for all employees.