Some options include engaging in loss portfolio transfers, participating in renewal rights transactions or hiring high-performing employees.
What does LPT stand for?
LPT stands for Loss Portfolio Transfer (financial reinsurance)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of LPT
We have 120 other meanings of LPT in our Acronym Attic
- Literary Present Tense (language use)
- Load Port Transfer
- Local Platform Testing (Sprint)
- Local Positioning Technology
- Local Printer Terminal
- Logistic Plug Trunk
- Logistics Preparation of the Theater
- London Probation Trust (UK)
- Longest Processing Time (operations management)
- Lorain Palace Theater (Lorain, OH)
Samples in periodicals archive:
Group (1)  Allstate Insurance Group  Swiss Reinsurance Group  Liberty Mutual Insurance Companies  (1) Grossed up for the loss portfolio transfer (LPT) of Fireman's Fund and Munich Re America Corp.
So to transfer those risks, they went to the loss portfolio transfer market.
While such methods as loss portfolio transfers, transferring future claims payment obligation, and credit insurance have been around for some time, new insurance programs for financial risk are beginning to emerge.