A humorous insight into how Excess of Loss Reinsurance keeps the ceding companies from drowning in their own losses.
Facultative reinsurance is a type of reinsurance that covers individual risks owned by a primary insurer, offering more focused and specific coverage compared to treaty reinsurance.
The financial term that encapsulates the dollar amount of an insurance company’s premiums and sets the stage for reinsurance premiums.
An overview of obligatory reinsurance and how it works with a sprinkle of humor!
Understanding Over-Line Coverage in Insurance
The insurance for insurance companies, transferring risks to maintain solvency and minimize payouts.
Reinsurance ceded is an insurance term referring to the portion of risk passed from a primary insurer to a reinsurance company.
A crucial concept that underlies the insurance industry, focusing on the transfer of responsibility for losses.
Understanding the net amount of risk retained by an insurance company after reinsurance.
An amusing and insightful look into the fascinating world of yearly renewable term reinsurance in life insurance.
