TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NON-PROPORTIONAL REINSURANCE [1 record]

Record 1 2009-03-13

English

Subject field(s)
  • Reinsurance and Coinsurance
DEF

Arrangement in which a reinsurer makes payments to an insurer whose losses exceed a predetermined retention level.

CONT

Non-proportional reinsurance may take two main forms: Excess of Loss or Stop Loss basis. It is usually arranged by treaty but can also be on a facultative basis.

French

Domaine(s)
  • Réassurance et coassurance
DEF

Engagement du réassureur à participer aux sinistres pour un montant maximum, préalablement arrêté, au-delà de la somme conservée par l'assureur (priorité) et moyennant une prime calculée globalement par le réassureur pour l'ensemble du portefeuille couvert.

Spanish

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