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Reinsurance Reserve (Unearned Premium Reserve)

 
Insurance Dictionary: Reinsurance Reserve (Unearned Premium Reserve)

Fund in a segregated account to provide for the return of unearned premiums on policies that are canceled. See also Pro Rata Cancellation; Short Rate Cancellation.

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