Reinsurance companies are insurance companies that provide policies to other insurance companies, allowing them to reduce their risks and protect themselves from substantial losses. The reinsurance market is dominated by a few large companies with huge reserves. A reinsurer may also be a direct writer of insurance risks as well.
Reinsurance companies are insurance companies that provide policies to other insurance companies allowing them to reduce their risks and protect themselves from substantial losses The reinsurance market is dominated by a few large companies with huge reserves A reinsurer may also be a direct writer of insurance risks as well.