TITLE

CHAPTER FIVE: Reinsurance & Alternative Risk Transfer

PUB. DATE
November 2010
SOURCE
Best's Review;Nov2010 Supplement, p57
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the processes of reinsurance and the alternative risk transfer in structured finance. It defines reinsurance as a transaction that indemnifies the primary insurer from potential losses caused by several financial risks. In addition, reinsurance also allows insurers to increase its maximum amount they can insure. Alternative risk transfer on the other hand is a transaction between one or more non-insurance companies which provides services when insurers cannot give.
ACCESSION #
55205997

 

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