rate on line (ROL)
Rate on line (ROL) is the calculation in percent derived by dividing reinsurance premium by reinsurance limit; the inverse is known as the payback or amortization period.
For example, a $10 million catastrophe cover with a premium of $2 million would have an ROL of 20 percent and a payback period of 5 years.
rate on line (ROL)
Rate on line (ROL) is the calculation in percent derived by dividing reinsurance premium by reinsurance limit; the inverse is known as the payback or amortization period.
For example, a $10 million catastrophe cover with a premium of $2 million would have an ROL of 20 percent and a payback period of 5 years.
