Reply To: Co-reinsurance

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May 21, 2019 at 8:07 am #24623
manveena
Participant

    Manveena wrote:

    What actually happens in co-reinsurance?

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    Co-reinsurance is the term used when multiple reinsurance company participate in a reinsurance contract. Reinsurance companies may act together in this way to ensure that the amount of risk being taken over from the insurer can be covered. Companies may also participate in co-reinsurance for tax mitigation purposes. Co-reinsurance may exist in both facultative reinsurance and treaty reinsurance.

    Sent from my Redmi Note 3 using Actuarial Info mobile app