International Reverse Business
Term · Insurance and risk management · MLC-T-INS-001902
An insurance program arranged for the United States subsidiary of a foreign-owned group, so that coverage originates with the foreign parent's program abroad and flows into the American operations. It is also called reverse flow business because the direction is the opposite of the usual multinational program, in which a U.S. parent insures its overseas subsidiaries.
| Identifier | MLC-T-INS-001902 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001902",
"term": "International Reverse Business",
"field": "Insurance and risk management",
"definition": "An insurance program arranged for the United States subsidiary of a foreign-owned group, so that coverage originates with the foreign parent's program abroad and flows into the American operations. It is also called reverse flow business because the direction is the opposite of the usual multinational program, in which a U.S. parent insures its overseas subsidiaries.",
"url": "https://mlchart.com/terminology/insurance/international-reverse-business/"
}
Record 1,823 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.