Terms Beginning With 'r'

Reinsurance

  • January 15, 2020
  • Team Kalkine

Reinsurance is typically defined as the process of buying insurance from other insurance companies, by any insurance company to mitigate or minimise the own risk. The process is generally used by insurance companies to share risk with others to limit their own loss in case if a risk is having a high probability of demanding compensation.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK