Retrospective Aggregate Excess Of Loss Reinsurance

Definition of "Retrospective aggregate excess of loss reinsurance"

Ben F.  Prucey real estate agent
Ben F. Prucey, Real Estate Agent RE/MAX Professionals

Type of excess of loss reinsurance in which the insurance company (cedent) cedes its risk of loss on incurred but not reported losses (IBNR) and previously reported losses.

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