Skip to Content

retention

Assumption of risk of loss by means of noninsurance, self-insurance, or deductibles.

On This Page

retention

Assumption of risk of loss by means of noninsurance, self-insurance, or deductibles.

Additional Information


Retention can be intentional or, when exposures are not identified, unintentional. In reinsurance, the net amount of risk the ceding company keeps for its own account.

Related Terms