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Finite Risk Reinsurance

 
Insurance Dictionary: Finite Risk Reinsurance

Contracts of Reinsurance in which expected income from investments is a major component of the Underwriting process. Also, the ultimate liability of the reinsurer is limited. The reinsurer cannot cancel these contracts, but the Ceding Company may exchange this contract for another contract.

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Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more