0 if an insurance company reinsures, it buys insurance from other companies to protect itself against large demands from its customers: --
The company doesn't like to reinsure catastrophe insurers, as natural disasters like storms are becoming increasingly unpredictable.
It is right that water should not be the subject of speculators who wish to reinsure themselves against depreciation by holding equity capital.
And even if such fell possibilities are regarded as remote, would it not be a good idea to begin to reinsure against them now?
In many cases, so vague were the details of what was in the bundle of risk that some underwriters ended up reinsuring themselves.
Are they to be permitted to reinsure or are they not?
That cover could continue to be available only if the insurers could be reinsured themselves.
This property is to a large extent insured or reinsured in this country.
Naturally, the sheikhdoms wanted to reinsure, and they have reinsured.
It is true that there is an agreement with this country which reinsures the insurance rate.
