Reply To: Reciprocal insurance

Actuary Forums › Forums › Learnings › Daily Dose › Reciprocal insurance › Reply To: Reciprocal insurance

May 22, 2019 at 4:29 pm #24631
manveena
Participant

    Manveena wrote:

    What is reciprocal insurance?

    Sent from my Redmi Note 3 using Actuarial Info mobile app

    Reciprocal insurance exchanges are a form of insurance organization in which individuals and businesses exchange insurance contracts and spread the risks associated with those contracts among themselves. Policyholders of a reciprocal insurance exchange are referred to as subscribers.

    Sent from my Redmi Note 3 using Actuarial Info mobile app