Reinsurance policies can help insurance companies cover significant losses and stay afloat. They’re issued directly to other insurance companies, not consumers. Several types of reinsurance coverage ...
Reinsurance is in essence insurance for insurance companies, or the business of insuring insurance companies, as the FC&S Coverage Experts insurance dictionary puts it. Review more details of how it ...
You buy insurance to protect you and your things. So how do insurance issuers protect themselves? Well, reinsurance is insurance for insurance companies. It minimizes the risk of any single event, ...