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POSITIVE PHYSICIANS INSURANCE EXCHANGE 850 Cassatt Road 100 Berwyn Park Suite 220 Berwyn, PA 19312 Phone: 8883355335 Fax: 6106445265 Supplemental Application Partnership, Professional Associations

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What is positive mutual risk retention?

Positive mutual risk retention refers to the practice of an insurance company retaining a portion of the risk associated with an insurance policy they issue, rather than transferring all of it to a third party.

Who is required to file positive mutual risk retention?

Insurance companies who issue policies with positive mutual risk retention are required to file this information with the appropriate regulatory authorities.

How to fill out positive mutual risk retention?

Positive mutual risk retention can be filled out by providing details on the amount of risk retained by the insurance company, the type of policies affected, and other relevant information as required by regulators.

What is the purpose of positive mutual risk retention?

The purpose of positive mutual risk retention is to ensure that insurance companies have a financial stake in the policies they issue, leading to more responsible underwriting practices.

What information must be reported on positive mutual risk retention?

The information that must be reported on positive mutual risk retention includes the amount of risk retained by the insurance company, details on the policies affected, and any other information required by regulators.

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