What Does Aggregate Stop Loss Reinsurance Mean?

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What does Aggregate Stop Loss Reinsurance mean? Read on to discover the definition & meaning of the term Aggregate Stop Loss Reinsurance - to help you better understand the language used in insurance policies.

Aggregate Stop Loss Reinsurance

Aggregate Stop Loss Reinsurance

A type of reinsurance in which the reinsurer pays losses in excess of the attachment point. This kind of protection, if unlimited, caps the annual aggregate loss of the captive or insurer. Unfortunately, it is seldom unlimited, hard to find, and expensive.

We hope the you have a better understanding of the meaning of Aggregate Stop Loss Reinsurance.

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