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The Power of Reinsurance. Supporting the resilience of societies through an open and well-regulated reinsurance market.

Did you know that motor reinsurance can protect your fleet from unforeseen risks? 🚗💼 At Classic Reinsurance Brokers, we've got you covered! Comment below with a 🚙 if you'd like to learn more about our motor reinsurance solutions www.classicre.co.zw info@classicre.co.zw #MotorReinsurance #FleetProtection #ClassicReInsurance

Lloyd’s posts double-digit growth in property and specialty reinsurance Learn more👇 https://lnkd.in/gtjKs-wv Lloyd’s has posted an improved underwriting result across all three reinsurance segments for 2023, with property and specialty both recording double-digit premium growth. #results #propertycatastrophe #specialty #casualty #reinsurance #reinsurancemarket #reinsurancenews

Ardonagh Specialty Rebrands Reinsurance Business as 'Price Forbes Re' #business #PriceForbesRe #ArdonaghSpecialtyRebrandsReinsuranceBusiness

A quota share is a type of reinsurance agreement where the reinsurer receives a fixed percentage of the premiums and losses of the primary insurer.. Here is a short video for those interested..

Robert Wiest shares Key Insights on Reinsurance Renewal Season Ahead of RVS 2024 Robert Wiest, CEO of MS Reinsurance, shares his perspective on market trends and client expectations as reinsurers prepare for the pivotal January 1st renewal season. Watch the full interview here:http://spr.ly/6045WR7CJ In Partnership with MS Reinsurance #InsuranceInsidernews #insurance #reinsurance #InsiderOnAir

How is your reinsurance company or participation plan working for you? Tactical Reinsurance Consultants (TacticalRe) is here to help maximize and accelerate your profits.

Hannover Re sees continued strong demand for high-quality reinsurance protection ·   Strong market demand for high-quality reinsurance protection ·   Reinsurance prices and conditions have stabilised ·   Terms and conditions continue to be attractive, particularly in non-proportional reinsurance ·   Hannover Re well positioned for profitable growth as preferred business partner #HannoverRe #RVS2024

Ardonagh Specialty Rebrands Reinsurance Business as 'Price Forbes Re' #business #PriceForbesRe #ArdonaghSpecialtyRebrandsReinsuranceBusiness

Facultative and treaty reinsurance are two types of reinsurance agreements that differ in their structure and application: Facultative Reinsurance: - A facultative reinsurance agreement is a one-off agreement between the insurer and reinsurer, where the reinsurer covers a specific risk or policy. - It's usually used for large or unusual risks that exceed the insurer's capacity. - The reinsurer has the option to accept or decline each risk presented. Treaty Reinsurance: - A treaty reinsurance agreement is a long-term contract between the insurer and reinsurer, where the reinsurer covers a predetermined portion of the insurer's entire portfolio. - It's usually used to share the risk of a large number of policies, providing proportional coverage. - The reinsurer is obligated to accept all risks within the agreed-upon terms. In summary, facultative reinsurance is a case-by-case agreement, while treaty reinsurance is a blanket agreement for a set of risks. Let me know if you need further clarification!