AGGREGATE EXCESS OF LOSS
Aggregate excess of loss mortgage insurance is typically used by mortgage lenders to economically cover catastrophic risk. This structure works equally well on portfolios or in captive insurer situations. QBE LMI Asia insures the portion above the lender's fixed percentage of loss (the lender stop loss). QBE LMI Asia will cover losses up to an agreed upon maximum amount (the insurer stop loss).
Individual loan coverage and stop loss limits will be adapted to each lender's specific needs.