MLchartDataset catalogue

Loss portfolio agreements

Term · Insurance and risk management · MLC-T-INS-002082

A type of reinsurance agreement where an insurer transfers a portfolio of existing, often long-tail, liabilities to a reinsurer. This transaction allows the ceding insurer to remove the uncertainty of future claims development and free up capital. The reinsurer assumes the responsibility for paying all future claims arising from the transferred portfolio.

Table 1. Record
IdentifierMLC-T-INS-002082
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002082",
  "term": "Loss portfolio agreements",
  "field": "Insurance and risk management",
  "definition": "A type of reinsurance agreement where an insurer transfers a portfolio of existing, often long-tail, liabilities to a reinsurer. This transaction allows the ceding insurer to remove the uncertainty of future claims development and free up capital. The reinsurer assumes the responsibility for paying all future claims arising from the transferred portfolio.",
  "url": "https://mlchart.com/terminology/insurance/loss-portfolio-agreements/"
}

Record 2,038 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.