What is short-tail lines of reinsurance?

"Long Tail" refers to the length of time between a claim causing incident and the settlement of the resultant claim. Property insurance is "Short Tail."Example, it is typically only a matter of days or weeks between the time of fire or tornado damage and the resultant claim being paid. On the other hand, Medical Malpractice and Workers' Compensation claims often continue for years before they are settled. Reinsurance for such short tail lines of insurance is known as short tail reinsurance