portfolio reinsurance
Portfolio reinsurance is a financial transaction in which an entire line of insurance, class of business, territory, or book of business of an insurer is reinsured.
portfolio reinsurance
Portfolio reinsurance is a financial transaction in which an entire line of insurance, class of business, territory, or book of business of an insurer is reinsured.
Additional Information
Under portfolio reinsurance, the reinsurer assumes all of the primary insurer's liability. It is typically arranged when an insurer wishes to discontinue operations in a specific state or territory.
