MLchartDataset catalogue

Catastrophe reinsurance

Term · Insurance and risk management · MLC-T-INS-000711

A form of reinsurance that protects primary insurers from accumulation of losses arising from a single catastrophic event. It provides coverage for losses exceeding a predetermined retention level, up to a specified limit. This type of reinsurance is typically structured on an excess-of-loss basis, where the reinsurer pays claims above a certain threshold.

Table 1. Record
IdentifierMLC-T-INS-000711
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000711",
  "term": "Catastrophe reinsurance",
  "field": "Insurance and risk management",
  "definition": "A form of reinsurance that protects primary insurers from accumulation of losses arising from a single catastrophic event. It provides coverage for losses exceeding a predetermined retention level, up to a specified limit. This type of reinsurance is typically structured on an excess-of-loss basis, where the reinsurer pays claims above a certain threshold.",
  "url": "https://mlchart.com/terminology/insurance/catastrophe-reinsurance/"
}

Record 482 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.