What does Stop Loss Reinsurance mean? Read on to discover the definition & meaning of the term Stop Loss Reinsurance - to help you better understand the language used in insurance policies.
Stop Loss Reinsurance
An agreement whereby a reinsurer assumes on a per-loss basis all loss amounts of the reinsured, subject to the policy limit, in excess of a stated amount. Not to be confused with aggregate stop-loss reinsurance. See also Excess of Loss Reinsurance, which SLR resembles.
We hope the you have a better understanding of the meaning of Stop Loss Reinsurance.