Opinion: Rupert Swallow on the important role of reinsurance
The importance of reinsurance: It is little understood and often ignored, but reinsurance plays a vital role in the everyday business of broking, writes Rupert Swallow
Reinsurance is rarely on the radar of regional insurance offices and brokers but its importance to every policy sold is so great that it deserves consideration. Reinsurance provides standby capital for insurance companies to protect their balance sheets from large single-risk claims and series of losses arising from natural and man-made catastrophes. This allows insurers to take on more and greater risks so is a critical part of the insurance cycle.
There are two different types of traditional
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker