Opinion: Rupert Swallow on the important role of reinsurance

Big fish jumping bowl

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: