* Relates reinsurance to other insurance and financial services markets * Regulations, restrictions, and standard arrangements fully covered * Comprehensive glossary of specialist terms * Final chapter covers reinsurance portfolio design
While a highly specialized market (it is the means by which insurance companies protect themselves against major losses) reinsurance is central to the operations of the whole insurance industry. This text provides a very accessible insight into its key principles and methods, its buyers and sellers, and the significant factors and decisions involved in reinsurance placement--all within an international context. This will be a useful volume for insurance practitioners as well as students of financial services and insurance.
