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Arthur Broadley ACII

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Tel: 011 467 7824
Fax: 011 467 7824
Address:
26 Myrtle Road
Fourways Gardens
2055
Postbox:
PO Box 873
Witkoppen
2068
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
Risk Management Consultant.
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From The Glossary »

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Risk Premium Reinsurance:

A method of life reinsurance which is comparable to term life insurance. The ceding company cedes a proportion of the mortality risk only and the annual reinsurance premium is determined in the same manner as renewal term insurance. The risk premium basis of life reinsurance is attractive to small life offices who might otherwise be prevented from writing the occasional very large life policy (that is large sum insured) because of the risk of early ...
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