Summary |
This book relates..
* Relates reinsurance to other insurance and financial services markets
* Regulations, restrictions, and standard arrangements fully covered
* Comprehensive glossary of specialist terms
* Final chapter covers reinsurance portfolio design
While a highly specialized market (it is the means by which insurance companies protect themselves against major losses) reinsurance is central to the operations of the whole insurance industry. This text provides a very accessible insight into its key principles and methods, its buyers and sellers, and the significant factors and decisions involved in reinsurance placement--all within an international context. This will be a useful volume for insurance practitioners as well as students of financial services and insurance.
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