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There is a small section on portfolio reinsurance in the IASA book
chapter 12 page 9. My understanding of it is that a primary company
cedes to a reinsurer a block of losses that have already occurred and
for which the primary company has outstanding loss reserves. The
cedant will also pay the reinsurer a premium it believes to be fair
for assuming the future payments on these losses and any risk of
adverse development.
----------
From: Jim Shoenfelt[SMTP:jimshoenfelt@amdyne.net]
Sent: Monday, August 24, 1998 5:10 PM
To: studygroup7@lists.casact.org
Subject: Schedule F
The Internet Mail Connector received a message that could not be
processed. View the original content by opening the attached message.
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