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Assigned Risk Pools

Insurance Term

Reinsurance pools which cover risks for those unable to purchase insurance in the voluntary market. Possible reasons for this inability include the risk being too great or the profit being too small under the required insurance rate structure.

The costs of the risks associated with these pools are charged back to insurance carriers in proportion to their direct writings.

   
     

Assigned Risk Pools

Insurance Term

Reinsurance pools which cover risks for those unable to purchase insurance in the voluntary market. Possible reasons for this inability include the risk being too great or the profit being too small under the required insurance rate structure.

The costs of the risks associated with these pools are charged back to insurance carriers in proportion to their direct writings.

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