An insurance policy type between a primary insurer and a reinsurance company. A portion of a claim payout is covered by the insurer in order to lower its costs of providing the policy.
Related information about finite reinsurance:
- Finite Reinsurance Definition | Investopedia
A type of reinsurance that transfers over only a finite or limited amount of risk. Risk is reduced through accounting or financial methods, along with the actual ...
- Finite Reinsurance - National Association of Insurance Commissioners
Jun 12, 2005 ... Finite Reinsurance is a type of reinsurance that transfers only a finite or limited amount of risk to the reinsurer. Risk is reduced through ...
- What is Finite Risk Reinsurance? A Definitive Explanation
Jul 4, 2005 ... This perspective will confine its discussion only to finite reinsurance, and ... “In the event that the Company (buyer of finite reinsurance) shall not ...
- Financial reinsurance - Wikipedia, the free encyclopedia
In the non-life segment of the insurance industry this class of transactions is often referred to as finite reinsurance. One of the particular difficulties of running an ...
- Finite reinsurance being replaced by structured reinsurance ...
Sep 4, 2011 ... Finite reinsurance deals, tarred by scandal and regulatory suspicion, have been replaced by “structured” transactions that put to rest any doubt ...
- The Evolution of Finite Reinsurance and Financial Accounting ...
Looking back to the '80s and projecting forward, Don Riggin examines finite reinsurance.
- FINITE REINSURANCE ISSUES CASUALTY ACTUARIAL SOCIETY ...
Mar 10, 2005 ... •A finite reinsurance agreement is not a distinct form of reinsurance; any ... •Finite reinsurance differs from “traditional” reinsurance agreements ...
- Finite Reinsurance
May 6, 2007 ... Finite reinsurance is a type of reinsurance that only transfers a ... receive a lower premium on finite reinsurance than traditional reinsurance.