Different methods of re-insurance

Different methods of re-insurance What are the different methods of re-insurance? Reinsurance can be effected broadly by two methods: (a) Facultative; and (b) Treaty. Facultative reinsurance is effected only in …

What is Reinsurance

What is Reinsurance It is understood that in insurance the fund of the policyholders is managed by insurance companies and the losses incurred by a few are shouldered by many. …

The legal forms of Conventional Insurance

The legal forms of Conventional Insurance What are the legal forms of Conventional Insurance? From historical background of conventional companies, we find that three predominant legal forms have been used …

Why every risk is not insured

Why every risk is not insured Insurance companies do not cover all risks. That is to say, all risks are not insurable. Usually it is only the ‘pure’ risks which …