Reinsurance is an insurance that an insurance company purchases from another insurance company called the reinsurer, to cover itself from the risk of major claims events and to arrange additional capacity for underwriting risks.
Our skilled team of professionals have experience in both Treaty and Facultative lines of business and if given a chance, assure to bring value addition to your respective reinsurance programs.
It is an agreement whereby an insurer transfers a part of a portfolio of his risks to the reinsurer.
A reinsurance contract whereby an insurer transfers his total or partial exposure in a particular high-valued or hazardous proposal to the reinsurer.