Portfolio transfer
Term · Insurance and risk management · MLC-T-INS-002613
The formal process of moving a block of insurance policies, along with their associated assets and liabilities, from one insurer to another. This transaction can occur due to mergers, acquisitions, or strategic decisions to exit certain markets or lines of business. Regulatory approval is required for such transfers to protect policyholders' interests and maintain market stability.
| Identifier | MLC-T-INS-002613 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002613",
"term": "Portfolio transfer",
"field": "Insurance and risk management",
"definition": "The formal process of moving a block of insurance policies, along with their associated assets and liabilities, from one insurer to another. This transaction can occur due to mergers, acquisitions, or strategic decisions to exit certain markets or lines of business. Regulatory approval is required for such transfers to protect policyholders' interests and maintain market stability.",
"url": "https://mlchart.com/terminology/insurance/portfolio-transfer/"
}
Record 2,605 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.