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Regional Reciprocal Catastrophe Pool (RRCP)
RRCP Home :: Underwriting Requirements :: Loss Potential :: Participants
Strengths of Pool
MRB assumes initial exposure and credit risk (MRB paper)
One Free Reinstatement available per year
No Coinsurance - 100% coverage
Spread of business
Competitive Pricing
Limited Terrorism Coverage available (following Companies' underlying programs)
RRCP participants can obtain coverage for their assumed Pool business
MRB manages geographic exposures
Contribution of ideas from Pool participants
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