A reinsurance contract that, once incepted, continues indefinitely until one of the parties gives notice of their intention to terminate the arrangement. Cancellation may be on a cut-off or run-off basis.
The Rantings of the barely human.
A reinsurance contract that, once incepted, continues indefinitely until one of the parties gives notice of their intention to terminate the arrangement. Cancellation may be on a cut-off or run-off basis.