Finite Risk Reinsurance


Definition of "Finite risk reinsurance"

Contracts of reinsurance in which expected income from investments is a major component of the UNDERWRITING process. Also, the ultimate liability of the reinsurer is limited. The reinsurer cannot cancel these contracts, but the ceding company may exchange this contract for another contract.

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

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions