Month: June 2023

Reinsurance Functions

The Essential Functions of Reinsurance: Protecting the Insurance Industry

What Is Reinsurance? Reinsurance is a critical component of the insurance industry that provides insurers with an extra layer of protection. In simple terms, it is insurance for insurance companies. But why do insurers need reinsurance? The answer lies in managing risk. Insurance companies are in the business of assuming risks and providing coverage to […]

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