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Definition of Run-off company:
Run-off company: An insurance company that is being wound up or otherwise not underwriting business in a particular line. It is thus letting its present insurance policies run to their expiration dates.
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The meaning of Run-off company is an excerpt from The Haskayne School of Business at the University of Calgary
"The Haskayne School of Business at the University of Calgary is a progressive and innovative business school with an international reputation for influencing the practice of management and leadership through quality teaching and research.
We offer a wide range of business degress, including our Financial Times (London) - ranked Executive MBA program."
Visit the website here: http://www.haskayne.ucalgary.ca
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Also see: Run-off company ,
Insurance Business Dictionary
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Insurance Business Glossary
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