target risk
In reinsurance or certain types of insurance policies, target risk refers to a list of items exluded because they are outside of the risk appetite.
target risk
In reinsurance or certain types of insurance policies, target risk refers to a list of items exluded because they are outside of the risk appetite.
Additional Information
An example of this in property would be a list of bridges, tunnels, fine arts collections, and property of similarly high value that is excluded from coverage under reinsurance treaties. Such risks require individual acceptance under facultative contracts.
