Automatic Nonproportional Reinsurance


Definition of "Automatic nonproportional reinsurance"

Seth Greenwell real estate agent
Seth Greenwell, Real Estate Agent Anchor Point Realty

Automatic protection for an insurer against losses that exceed a predetermined loss limit. This reinsurance may be subdivided into three primary types: excess of loss, catastrophe loss, and stop loss.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions