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Reinstatment Premium

UNI Consulting

Payment from the insurer to the reinsurer to reinstate the protection in the event some of the limit is eroded.

 

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What is Reinsurance

Reinsurance is insurance of insurance. Reinsurance is a contract that reinsurance companies indemnifies a primary insurer for losses paid...

ROL

ROL 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"....

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