portfolio reinsurance

portfolio reinsurance definition - business

portfolio reinsurance

The transfer of a portfolio of insurance policies for an entire line of business by the primary insurance carrier to a reinsurance company. Portfolio reinsurance generally means the primary insurer wishes to exit that particular line of insurance.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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