Reinstatment PremiumUNI ConsultingMay 6, 20231 min readPayment from the insurer to the reinsurer to reinstate the protection in the event some of the limit is eroded.
Payment from the insurer to the reinsurer to reinstate the protection in the event some of the limit is eroded.
What is ReinsuranceReinsurance is insurance of insurance. Reinsurance is a contract that reinsurance companies indemnifies a primary insurer for losses paid...
Predictive Modeling in insurance industryClaims Forecasting - insurers can use predictive modeling to forecast the number of claims, cause of loss and severity of claims. Fraud...
ROLROL is a term used to express the cost of reinsurance coverage as the percentage of the limit of coverage. ROL stands for "Rate on Line"....
Comments