What Does Excess Per Risk Reinsurance Mean?
What does Excess Per Risk Reinsurance mean? Read on to discover the definition & meaning of the term Excess Per Risk Reinsurance - to help you better understand the language used in insurance policies.
Excess Per Risk Reinsurance
Indemnifies the ceding company against the amount excess of the specified retention with respect to each risk involved in each occurrence. This coverage is written subject to a specified limit and is generally used in property lines.
We hope the you have a better understanding of the meaning of Excess Per Risk Reinsurance.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z