Glossary of Insurance Terms¶
National Association of Insurance Commissioners. Glossary of Insurance Terms.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Reserve or Reinsurance Trigger
- The retention limit is the classic self-insured layer beneath reinsurance, and setting it well is the heart of the rule.
This sourceDefines the retention limit as the amount an insurer carries itself before reinsurance responds above the stated layer.
- The retention limit is the classic self-insured layer beneath reinsurance, and setting it well is the heart of the rule.
Verification¶
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Registry ID ref:3475776fc4a1 · see in the full table