The concept of reinsurance is fairly simple. When a person takes on insurance, they transfer their risks to the insurance...
Read moreWhen we define reinsurance, we often say that is a type of insurance for insurance companies themselves. This statement gives...
Read moreThe key economic theme which has dominated virtually all of the economic discourse in 2022 has been inflation. Countries around...
Read moreClimate change is a burning issue in 2022. There is not even an iota of doubt that climate change affects...
Read moreReinsurance companies have to pay out large sums of money in claims if and when a catastrophe occurs. Each time...
Read moreCatastrophe modeling used to be considered very complex and difficult to use. Just a few decades back, most insurance companies...
Read moreWe now know that a reinsurance contract is a contract between an insurance company and a reinsurance company. However, up...
Read moreIn the previous article, we have already seen what reinsurance brokers are and why they are so important to the...
Read moreThe basic laws of demand and supply work in the reinsurance market just as they work in other markets of...
Read moreIn the previous article, we have already studied about the concept of reinsurance sidecars. We now know what reinsurance sidecars...
Read moreIn the previous articles, we have already studied what a catastrophe is and how it impacts the reinsurance market. Catastrophe...
Read moreIn the previous article, we have already seen how reinsurance pools work. We have also seen how the governments of...
Read moreWe are now aware that reinsurance companies are created especially for taking up risk from other insurance companies. Most people...
Read moreThere are many new and different types of arrangements that are used in the reinsurance industry. Captive insurance is one...
Read moreThe reinsurance industry has several complicated terminologies which are routinely used. This is because there are several concepts in the...
Read moreIn the previous article, we have already learned about how fronting works in reinsurance. We now know how different entities...
Read moreWhen an individual or a company takes an insurance policy, the risk that they are indemnifying themselves against is very...
Read moreIn the previous article, we have already seen that the scope of coverage of reinsurance policies can become quite complicated...
Read moreThe purpose of reinsurance is to financially help the ceding insurer when they face very high losses which are linked...
Read moreA reinsurance contract between a ceding insurer as well as a reinsurer can last for a long period of time....
Read moreIn the previous article, we have already seen what an indexation clause in reinsurance contracts is. We are now aware...
Read moreMost reinsurance treaties are structured in an excess of loss format. This means that the reinsurer is liable to pay...
Read moreThe business of reinsurance is to provide coverage against catastrophic events which may be caused by the wrath of nature....
Read moreIn the previous article, we have already studied the concept of layering and how it related to reinsurance policies. We...
Read moreThe pricing of reinsurance policies i.e. the calculation of reinsurance premiums is a very complicated topic. The process is quite...
Read moreIn the previous article, we have already seen how reinsurance policies are generally priced and what factors are taken into...
Read moreMany experts tend to look at reinsurance as a homogenized industry. The idea is that reinsurance companies sell insurance covers...
Read moreThe insurance industry is a large and diversified industry. It has several different types of products and operates in multiple...
Read moreAll insurance companies face foreign exchange risks to some extent. However, all insurance companies are not equally concerned about foreign...
Read moreTechnology is the common denominator which generally creates a huge impact on almost all industries. Big data and artificial intelligence...
Read moreIt is common for insurance companies to not hold the entire risk that they underwrite on their own portfolios. Instead,...
Read moreIn the previous article, we have already seen what securitization is in the context of reinsurance. We have also seen...
Read moreThe purpose of reinsurance companies is to share risks with insurance companies. This risk-sharing can happen to different degrees. For...
Read moreIn the previous article, we have already studied what retention is and why it is important for many insurances as...
Read moreUnder normal circumstances, a reinsurance company operates as a partner with its ceding insurance company. The reinsurance company wants to...
Read moreCeding insurance companies take reinsurance in order to protect themselves from massive losses that may occur when catastrophes occur. The...
Read moreIn the previous articles, we have already studied about what reinsurance is. However, we have assumed that most ceding insurance...
Read moreInsurance marketplaces are just like other markets. They are full of buyers and sellers i.e. cedant insurance companies as well...
Read moreThe reinsurance industry has been largely fragmented till now. This is why it is common for ceding insurers to buy...
Read moreIn the previous article, we have read about what multi-year reinsurance contracts are. We now know what these unconventional contracts...
Read moreThe reinsurance market is very competitive market. After the increase in globalization and privatization, companies from all across the world...
Read moreIn the previous articles, we have already studied about the concept of reinsurance. However, the reinsurance we have studied is...
Read moreIn the previous few articles, we have studied a lot about reinsurance. We are now aware of the various issues...
Read moreIn the previous few articles, we have studied how reinsurance contracts work. We now have a deep understanding of the...
Read moreA reinsurance contract is essentially a contract between a ceding insurance company as well as a reinsurance company. Under plain...
Read moreReinsurance contracts tend to be very complicated. As we have already studied in the previous articles, a wide variety of...
Read moreThe reinsurance industry is a very important part of the structure of the insurance industry of any country. It is...
Read moreThe reinsurance industry is considered to be very important in most parts of the world. This is the reason that...
Read moreThe coronavirus pandemic has brought the focus on to the operations of the insurance as well as the reinsurance sector....
Read moreThe reinsurance industry is a highly competitive globalized industry. It faces several challenges from all over the world. The issue...
Read moreThe global business environment has turned increasingly digital in the pasts few years. It is very common for businesses across...
Read moreTraditional reinsurance companies have always made attempts to minimize risks associated with their business. Most reinsurance companies look at themselves...
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