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Reinsurance

Reinsurance

In this eBook, we discuss the rationale for reinsurance that includes risk mitigation (which complements risk pooling) and capital management. We analyse the structure of reinsurance markets and the role of reinsurance brokers in providing reinsurance intermediation. We present the main characteristics and pricing of proportional and non-proportional treaties supported by a discussion of key reinsurance concepts such as ceding and profit...

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