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Exportability Of Premium Risk

Exportability of Premium/Risk

Definition

In multinational insurance programs, the exportability of premium refers to the percent of premium allowed by each jurisdiction (country) to be exported from a local policy to a nonadmitted (master) policy. Exportability of risk refers to the percent of exposure allowed by each jurisdiction (country) to be exported from a local policy to a nonadmitted (master) policy. Both of these vary by country. For example, India has 0 percent exportability, while both Germany and Canada allow 100 percent exportability.

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