Reinsurance Market

Reinsurance market occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit their own total loss in case of disaster. By spreading risk, an insurance company takes on clients whose coverage would be too great of a burden for the single insurance company to handle alone.
The market size, measured by revenue, of the Reinsurance Carriers industry is $118.4bn.
Reinsurance can be divided into two basic categories: treaty and facultative. Types of reinsurance include facultative, proportional, and non-proportional.
Several common reasons for reinsurance include: 1) expanding the insurance company’s capacity; 2) stabilizing underwriting results; 3) financing; 4) providing catastrophe protection; 5) withdrawing from a line or class of business; 6) spreading risk; and 7) acquiring expertise.

In this section, we have collected the most current articles and reviews on the topic of the Reinsurance Market.