monoline insurance company; monoline insurer
A financial term for an insurance company that specializes in a single line of business, such as bond insurance or credit insurance. Contrasts with マルチライン保険会社 (multiline insurer).
See also: マルチライン保険会社
Monoline insurance companies mainly underwrite financial guarantee insurance.
During the Lehman shock, some monoline insurers fell into financial crisis.
A multiline insurance company that offers multiple types of insurance, as opposed to a monoline insurer that specializes in one line.
Loanword from English 'monoline' combined with 保険会社 (insurance company). The term entered Japanese financial vocabulary in the late 20th century.