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Ceeding the Risk to other Insurance co...
The reinsurance broker is a mediator between the insurance company and reinsurers playing a vital role in placing the risk and substantial business that underwritten in the ceding company office either by reinsurance treaty or facultative reinsurance placing and get a reinsurance brokerage from the ceding company for this job. As far as I know in London market the reinsurers dose not accept any risk unless that comes or introduced by a registered broker , that is to say they are not accepting direct reinsurance offers from the ceding companies.
Thanking you with my very best wishes.
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