Portfolio reinsurance

{
  "id": "MLC-T-INS-002610",
  "term": "Portfolio reinsurance",
  "field": "Insurance and risk management",
  "definition": "A type of reinsurance agreement where an entire block of existing insurance policies, rather than individual risks, is transferred from a ceding insurer to a reinsurer. This transaction typically involves all policies within a specific line of business or a defined segment of the ceding company's book. It differs from facultative reinsurance, which covers individual risks on a case-by-case basis.",
  "url": "https://mlchart.com/terminology/insurance/portfolio-reinsurance/"
}