What Does Credit Carry Forward Mean?

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What does Credit Carry Forward mean? Read on to discover the definition & meaning of the term Credit Carry Forward - to help you better understand the language used in insurance policies.

Credit Carry Forward

Credit Carry Forward

In reinsurance, the transfer of credit or profit from one accounting period under a long-term reinsurance treaty to the succeeding accounting period.

We hope the you have a better understanding of the meaning of Credit Carry Forward.

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