Finite reinsurance transfers only a portion of total risk to the reinsurer, allowing the client to manage overall risk without paying high costs associated with other reinsurance strategies. This type of coverage is structured to allow monthly, semi-annual, or annual payments, and either party may terminate coverage at any time. Finite reinsurance is coverage that […]

Finite reinsurance transfers only a portion of the total risk to the reinsurer, allowing the insured to receive sufficient coverage without paying high costs. It helps protect insurers in the event of a large number of claims and is cheaper than full reinsurance. Monthly or annual payments can be made, and either party can terminate […]