A method of rating under which the reinsurance rate is based upon the reinsured’s own experience, actual or reconstructed, rather than upon the exposure inherent in the business.
See also Retrospective Rating and Prospective Rating.
A method of rating under which the reinsurance rate is based upon the reinsured’s own experience, actual or reconstructed, rather than upon the exposure inherent in the business.
See also Retrospective Rating and Prospective Rating.