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 special cases. Generally protection is obtained by a reinsurance treaty. Under treaty arrangement the ceding company agrees to cede during […]

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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. Therefore, more the number of risks, lessen the possibility of loss incidence. In other words, wider the geographical spread of […]

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