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.
Reinsurance is essentially 'insurance for the insurers' For example; insurance company A is based in Florida and covers 10,000 homes on the coast. They're exposed to hurricanes so want to cover the risk that a storm comes in an blows those 10,000 houses away. So they buy their own (re)insurance from a reinsurer who covers that risk for them.