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单词 CAPACITY
释义

The maximum amount an INSURER is willing or able to underwrite in a specific LINE of RISK, generally a function of the level of its RETAINED EARNINGS and CAPITAL. Capacity can be increased through the use of REINSURANCE contracts, which allow the insurer to release UNEARNED PREMIUM RESERVES and increase the size of the retained earnings account.

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更新时间:2024/10/27 7:23:07