Target Risk

(1) Certain high-value bridges, tunnels, and fine art collections that are excluded from an automatic reinsurance contract to permit specific handling of the capacity problem and to release the reinsurer from the potential heavy accumulation of liability on any one risk. (2) A large, hazardous risk on which insurance is difficult to place. (3) A large, attractive risk that is considered a target for competing insurance companies

See Also: Total Loss; Term Life Insurance; Third-Party Payer; Total Admitted Assets; Travel accident benefit; Trip interruption; Trip cancellation;

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