Reinsurance

difference between reinsurance and coinsurance
Reinsurance is providing insurance for the risk that has been already taken up by an insurance company. While Coinsurance refers to sharing one risk a...
types of reinsurance
Primary companies are said to “cede” business to a reinsurer. Types of Reinsurance: Reinsurance can be divided into two basic categories: treaty and f...
facultative reinsurance
Facultative reinsurance is coverage purchased by a primary insurer to cover a single risk—or a block of risks—held in the primary insurer's book of bu...