Automatic Non-Proportional Reinsurance financial definition of Automatic Non-Proportional Reinsurance

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Automatic Non-Proportional Reinsurance

Automatic Non-Proportional Reinsurance

A form of reinsurance in which the reinsurer pays the insurer for all losses exceeding a certain, stated amount.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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