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stop-loss reinsurance (SLR)

Stop-loss reinsurance is an agreement whereby a reinsurer assumes on a per-loss basis all loss amounts of the reinsured, subject to the policy limit, in excess of a stated amount.

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Additional Information

This should not be confused with aggregate stop-loss reinsurance.

Related Terms

Excess of loss reinsurance is a form of reinsurance that indemnifies the ceding company for the...