Co-reinsurance
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manveena
Manveena wrote:What actually happens in co-reinsurance?
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Actuarial Info mobile appCo-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.
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