Reinsurance Types
Finite Reinsurance
Definition
Reinsurance with limited risk transfer where investment income is explicitly considered. Often involves multi-year agreements with experience accounts.
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Related Terms
Reinsurance Operations
Experience Account
Running balance of premiums, losses, expenses, and investment income maintained over multiple years in some reinsurance agreements.
Reinsurance Types
Loss Portfolio Transfer
Reinsurance transaction where an insurer transfers existing loss reserves and related liabilities to a reinsurer for a premium.