What Does Aggregate Excess of Loss Reinsurance Mean?
What does Aggregate Excess of Loss Reinsurance mean? Read on to discover the definition & meaning of the term Aggregate Excess of Loss Reinsurance - to help you better understand the language used in insurance policies.
Aggregate Excess of Loss Reinsurance
A form of reinsurance that stipulates participation by the reinsurer when aggregate excess losses for the primary insurer exceed a certain stated retention level.
We hope the you have a better understanding of the meaning of Aggregate Excess of Loss Reinsurance.
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