Results for tag: "Non Proportional Reinsurance"

Non Proportional Reinsurance is a type of reinsurance that does not require the reinsurer to pay a fixed percentage of the ceding company's losses. Instead, the reinsurer pays a predetermined amount of money for each claim, regardless of the size of the claim. This type of reinsurance is often used to cover large losses that may be difficult to predict. It is also used to cover losses that are not covered by traditional reinsurance policies. Non Proportional Reinsurance is typically used by companies that have a large amount of risk exposure, such as those in the insurance and financial services industries. It is also used by companies that are looking to reduce their overall risk exposure. Some of the companies in the Non Proportional Reinsurance market include Munich Re, Swiss Re, Hannover Re, SCOR, and XL Catlin. Show Less Read more