In reinsurance , by reciprocity the insurance company may participate in some risks as retrocessionaire . Explain How.

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Mamoun elbaghir abdalla mhamad Eltayeb
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Accounting Insurance Reinsurance Economics

Question ajoutée par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company
Date de publication: 2015/03/07

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edward chettiar

par edward chettiar , Asst. Finance Manager , Kuwait Reinsurance Company

Retrocession is a policy taken by the reinsurer to protect the business it has underwrtten. such retro covers are taken by reinsurance company may be accepted by other reinsurance or insurance companies. Therefore, the insurance Companies themselves can participate in risks as retrocessionaires.

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