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Topic: reinsurance
Definition:

  • sharing the risk by insurance companies
  • part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
  • "reinsurance enables a client to get coverage that would be too great for any one company to assume"

    Related tag cloud:

  • insurance
  • risk management
  • casualty
  • property
  • claims
  • risk
  • underwriting
  • liability
  • captive
  • health
  • marine
  • broker
  • facultative
  • life
  • workers compensation
  • treaty
  • finance
  • lloyds
  • actuary
  • insurer
  • risk transfer
    • Resources:

    Global Reinsurance News Service Network
    A news site for the insurance/reinsurance industry. Includes hourly updated news, Global Reinsurance magazine articles and sections such as carriers, brokers, support services, and captive domiciles.
    http://www.globalreinsurance.com/

    Employers Reinsurance Corporation
    Property/casualty and life reinsurance company. A part of GE Capital Services.
    http://www.ercgroup.com/

    Swiss Re
    Global reinsurer with focus on risk transfer, risk retention financing, and asset management.
    http://www.swissre.com

    Reinsurance Magazine Online
    News and information site for the worlds reinsurance and global risk markets. Features breaking news, industry comment and analysis, technical reports, research and surveys plus searchable Reinsurance Magazine archive.
    http://www.re-world.com