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Reinsured

The policyholder under a reinsurance contract. It is an insurance firm that partially or wholly transfers the risk it has...

Regulatory Pricing Risk

The risk that arises when regulators (insurance regulators) restrict the premium rates that insurance firms are allowed to charge. In...

Risky Asset Substitution

The process that an insurance firm undertakes to substitute the components of its portfolios with highly risky assets such as...

Risk Retention

The intentional or planned acceptance to handle a specific type of risk and all potential losses "in-house" by an entity....

Ratchet Option

In principle, a ratchet option is an option (or a warrant, index-linked note) that subjects its minimum payoff to an...

Rate Making

The process whereby an insurer (insurance company) determines premium rates in a level adequate to cover and account for expected...

ROL

It stands for rate on line; a measure of an insurance or reinsurance company's gross profitability, which relates insurance premiums...

Rate on Line

A measure of an insurance or reinsurance company's gross profitability, which relates insurance premiums to the line (line amount: insurance...

Rider

A form of property insurance that covers movables or mobile items- i.e., items that are moved from a place to...