In modified coinsurance, the interest rate used to calculate the amount payable by the Ceding Company in consideration of the reserves being transferred back to the Ceding Company by the reinsurer.
See Mod-co Reserve Adjustment.
In modified coinsurance, the interest rate used to calculate the amount payable by the Ceding Company in consideration of the reserves being transferred back to the Ceding Company by the reinsurer.
See Mod-co Reserve Adjustment.