Reinsurance is how an insurance company protects itself against potential losses by sharing risk with another insurance company. The party that diversifies its insurance portfolio is known as the ceding party; the entity that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer. Reinsurance contracts give insurers the opportunity to offer higher limits of protection to a policyholder than its own assets would allow. Reinsurance also allows the insurance industry to spread its losses among more companies, lessening the impact of claims on any one company.
Gerson Lehrman Group Council Members are available to discuss Reinsurance Industry via phone consultations, live meetings, surveys, and other custom GLG products and services.
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GLG Council Members are leading experts including academics, scientists, and industry specialists
Founder, President, & Chief Executive OfficerAndrew Barile Consulting Corporation, Inc.
Chief Executive OfficerE. Horvath & Associates
Chief Executive OfficerAfinia Capital Group
Board MemberRAM HOLDINGS LTD
Chairman & Chief Executive OfficerComil group
Study groups are populations of experts knowledgeable on specific sub-topics within a broader industry
| Study Group Name | No. Members |
|---|---|
| Reinsurance Consultants | 47 |
| Reinsurance Brokers | 48 |
| Finite Reinsurance Experts | 26 |
| Life Reinsurance Experts | 35 |
| Life Reinsurance Actuaries | 23 |
News analyses are expert commentaries on current events, written by Council Members who are available for follow up consultations
P&C Reinsurance Rates for the Renewals 2010
September 13, 2009
Munich Re, Swiss Re May Struggle to Increase Rates | www.bloomberg.com
Although the major reinsurance players have anticipated in Monte Carlo a hardening or stabilization of the renewal reinsurance terms and conditions, most of the lights show a trend toward a softening. Only a major catastrophe happening during the remaining part of the year or a further crash of the...
September 21, 2009
Mark Burger, Principal, Kestrel Development Company
Marsh, Munich RE join forces to offer PV guarantee insurance in Asia, sign NexPower as first client | www.pv-tech.org
Solar photovoltaic panels, if they're made right in the first place, generally have long life spans. But in the analytical world of financing risk, how does an investor judge the strength behind a new technology or company that hasn't been around as long as the warranty term. The best way is to get...