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Stop Loss Reinsurance is a type of reinsurance that provides protection to ceding companies against large losses. It is typically used to protect against catastrophic losses, such as those caused by natural disasters or major medical claims. The reinsurer agrees to pay a certain amount of the ceding company's losses that exceed a predetermined threshold. The ceding company pays a premium to the reinsurer in exchange for this protection.
Stop Loss Reinsurance is an important part of the reinsurance market, as it helps to protect ceding companies from large losses. It is also used to help ceding companies manage their risk and ensure that they are able to remain financially stable.
Some of the companies in the Stop Loss Reinsurance market include Swiss Re, Munich Re, Hannover Re, SCOR, and XL Catlin. Show Less Read more