Glossary Definition: Run-off insurance provides specialized indemnity coverage for insurance companies or corporate entities that have ceased writing new business but must manage legacy claims portfolios over long timelines. Corporate risk managers utilize run-off insurance to isolate and systematically wind down past exposures from shuttered foreign subsidiaries, integrating smoothly with past international liability insurance
policies and stabilizing legacy portfolios under a corporate global indemnity insurance plan.
Run-Off Insurance
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