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MEDICAL SERVICE PROVIDERSHOSPITALS AND CLINICS

Tembisa Hospital

Tel: 011 923 2000

From The Glossary »

Spread Loss Reinsurance:

A type of excess of loss reinsurance designed to pay certain losses over a given or stipulated amount and to average such losses out over a period of years. Five years is the usual period. The premium is adjustable within fixed minimum and maximum limits according to the ceding company’s experience.
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