Reinsurance Recoverables to Policyholder Surplus Law and Legal Definition

Reinsurance Recoverables to Policyholder Surplus is a measure to a company's dependence upon its reinsurers and the potential exposure to adjustments on such reinsurance. Reinsurance Recoverables to Policyholder Surplus is determined from the whole ceded reinsurance recoverables due from non-U.S. affiliates for paid losses, unpaid losses, losses incurred but not reported (IBNR), unearned insurance premiums and commissions less funds held from reinsurers expressed as a percent of policyholder surplus.