A general term used to refer to the insurer’s selection of which risks to insure. In reinsurance, this term refers to the act of ceding poor risks to a reinsurer and keeping the more desirable risks.
The Rantings of the barely human.
A general term used to refer to the insurer’s selection of which risks to insure. In reinsurance, this term refers to the act of ceding poor risks to a reinsurer and keeping the more desirable risks.