{"id":19749,"date":"2025-04-10T22:50:22","date_gmt":"2025-04-10T20:50:22","guid":{"rendered":"https:\/\/www.cconsulting.it\/glossary\/cut-off\/"},"modified":"2025-04-10T22:50:22","modified_gmt":"2025-04-10T20:50:22","slug":"cut-off","status":"publish","type":"glossary","link":"https:\/\/www.cconsulting.it\/en\/glossary\/cut-off\/","title":{"rendered":"Cut off"},"content":{"rendered":"<p>The termination of a Reinsurance <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Agreement<\/a> that establishes that the Reinsurer will not be liable for losses arising from events that occur after the termination date or after an agreed date following the termination.<br>\nIt normally involves the return of an agreed share of the Claims Reserve or of the unearned Premium for the policies in force at the deadline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The termination of a Reinsurance <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Agreement<\/a> that establishes that the Reinsurer will not be liable for losses arising from events that occur after the termination date or after an agreed date following the termination. It normally involves the return of an agreed share of the Claims Reserve or of the unearned Premium for the policies in force at the deadline.<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-19749","glossary","type-glossary","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary\/19749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary\/19749\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/media?parent=19749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}