The amount of insurance or reinsurance that exceeds the insurer or reinsurer’s usual capacity. This term can also refer to an insurer or reinsurer’s commitment over and above the usual capacity.
The Rantings of the barely human.
The amount of insurance or reinsurance that exceeds the insurer or reinsurer’s usual capacity. This term can also refer to an insurer or reinsurer’s commitment over and above the usual capacity.