Reinsurance tutorials #18 What is co-insurance? Coinsurance is splitting or spreading risks among multiple parties. It can either be about sharing…
Reinsurance tutorials #17 What is a claims adjuster? Claim adjusters are appointed by insurance companies to investigate a claim. It might be a…
Reinsurance tutorials #16 What is cession? This is when a company ceded part of a risk or part of a multitude of risks to a reinsurer. In other…
Reinsurance tutorials #15 What is cash loss? An insurer who has to settle a major claim may not always have the sufficient cash or does not want to…
Reinsurance tutorials #14 What is cancellation? Cancellation is an ability to cancel a participation in the context of an insurance or reinsurance…
Reinsurance tutorials #13 What is a broker? Broker is a familiar term which we come across very often in insurance. A broker is an independent…
Reinsurance tutorials #12 What is bodily Injury? The insured may cause or be involved in bodily injury claims suffered by a third party. They may be…
Reinsurance tutorials #11 What is an average clause? Definition: A condition by which an insurer determines that the payment for any damage or any…
Reinsurance tutorials #10 • The Basics What is tomorrow's reinsurance? Today there is one issue that cannot be ignored: the COVID-19 pandemic. The…
Reinsurance tutorials #9 • The Basics What is stop loss? After discussing NP vertical covers, it is important to mention STOP LOSS (SL) covers.…
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