Non proportional

Under non proportional reinsurance, the reinsurer accepts losses in excess of an agreed amount, subject to an upper limit. The bases used are:

-          Excess of loss – this could be on an individual risk basis or on an occurrence basis where the aggregate loss from any one occurrence is reinsured.

Stop loss – where the direct insurers aggregate net losses for a year are reinsured if they exceed a certain amount and/or a proportion of premium income

Leave a Reply

Your email address will not be published. Required fields are marked *


nine − 6 =


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Powered by WordPress | Designed by: Dog Groomer | Thanks to Assistant Manager Jobs, Translation Jobs and New York Singles