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Treaty Non Propotional

Non-proportional reinsurance means that the reinsurer has a concrete obligation towards the insurer only if individual losses or aggregated loss amounts exceed the amount set forth in the reinsurance treaty (retention). The reinsurer is then obliged to indemnify the insurer for the loss exceeding this amount (excess loss) on a non-proportional basis.
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Item Reviewed: Treaty Non Propotional Rating: 5 Reviewed By: EnergyRe Reinsurance Brokers