Stop-loss reinsurance (SLR)

{
  "id": "MLC-T-INS-003197",
  "term": "Stop-loss reinsurance (SLR)",
  "field": "Insurance and risk management",
  "definition": "A form of reinsurance that protects an insurer from aggregate losses exceeding a predetermined amount over a specific period, regardless of the number of individual claims. The reinsurer pays claims only after the primary insurer's total losses surpass a specified retention level. This coverage provides financial stability by capping the primary insurer's total liability for a portfolio of risks, often used for health or workers' compensation policies.",
  "abbreviation": "SLR",
  "url": "https://mlchart.com/terminology/insurance/stop-loss-reinsurance-slr/"
}