Retrocessional pools
Term · Insurance and risk management · MLC-T-INS-002941
An arrangement where multiple reinsurers combine their capital and share the risks associated with retrocession agreements. This collective approach distributes large or complex risks among several entities, reducing the individual exposure of each participant. Members contribute premiums and share in losses according to pre-defined participation percentages.
| Identifier | MLC-T-INS-002941 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002941",
"term": "Retrocessional pools",
"field": "Insurance and risk management",
"definition": "An arrangement where multiple reinsurers combine their capital and share the risks associated with retrocession agreements. This collective approach distributes large or complex risks among several entities, reducing the individual exposure of each participant. Members contribute premiums and share in losses according to pre-defined participation percentages.",
"url": "https://mlchart.com/terminology/insurance/retrocessional-pools/"
}
Record 2,980 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.