Tag: risk transfer

  • The Role of Reinsurance in the Insurance Industry

    The Role of Reinsurance in the Insurance Industry

    Reinsurance is an important aspect of the insurance industry that provides insurers with protection against large and unexpected losses. It is a process where an insurance company transfers a portion of its risk to another insurer, known as a reinsurer. The reinsurer then assumes the risk and pays a portion of the premium to the […]