What is the Definition of Finite Risk Reinsurance?

What is the Definition of Finite Risk Reinsurance?

Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underwriting component. Also known as financial reinsurance because this type of coverage is often bought to improve the balance sheet effects of statutory accounting principles.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

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What is the Definition of Finite Risk Reinsurance?

What is the Definition of Finite Risk Reinsurance?

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