Reinsurance

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Geliefert zwischen Mi., 12.11.2025 und Do., 13.11.2025

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High Quality Content by WIKIPEDIA articles! Reinsurance is a means by which an insurance company can protect itself with other insurance companies against the risk of losses. Individuals and corporations obtain insurance policies to provide protection for various risks (hurricanes, earthquakes, lawsuits, collisions, sickness and death, etc.). Reinsurers, in turn, provide insurance to insurance companies. The company requesting the cover is called the cedant and the reinsurer can be called the ceded, although the latter term is not in common use. The main use of any insurer that might practice reinsurance is to allow the company to assume greater individual risks than its size would otherwise allow, and to protect a company against losses. Reinsurance allows an insurance company to offer higher limits of protection to a policyholder than its own assets would allow. For example, if the principal insurance company can write only $10 million in limits on any given policy, it can reinsure (or cede) the amount of the limits in excess of $10 million. Reinsurance s highly refined uses in recent years include applications where reinsurance was used as part of a carefully planned hedge strategy.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130389963
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • EAN 9786130389963
    • Format Fachbuch
    • Titel Reinsurance
    • Herausgeber Betascript Publishing
    • Anzahl Seiten 68
    • Genre Wirtschaft

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