Category Archives: S – Asuransi Jiwa

surplus strain

A decrease in surplus caused by the high initial costs and reserve requirement associated with issuing new insurance policies. Also known as new business strain

survivorship clause

A clause that is included in some life insurance policies


The complete cancellation of a reinsurance agreement for both new-business and fin-orce-business

termination for new business

An indemnity reinsurance agreement cancellation under which the parties to the agreement no longer cede or assume new business already in place


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