Skip to content

Insurance Exam Vocabulary Terms

Excess of Loss Reinsurance

Loss sharing mechanism where an insurer pays all claims up to a specified amount and a reinsurance company pays any claims in excess of stated amount.

Our Insurance Exam Prep Includes...

  • Insurance Practice Test Questions
  • Insurance Vocabulary Flashcards
  • Study-Mode & Timed-Exam Mode
  • Take Unlimited Tests For 1 Year
  • User-Friendly On All Devices
  • 2020 Rules & Regulations
Reset my Password
OR