2 ms·
Yeah, that’s why they reinsure with another syndicate, like I said.
by falsedan 9y ago
Yeah, that’s why they reinsure with another syndicate, like I said.
- rahimnathwani 9y agoNo. Brokers don't ever carry the risk. So there is no risk for them to reinsure.
- falsedan 9y agoI don’t follow. I think brokers have enormous risks of valid claims needing to be paid out, which they hedge by taking out insurance themselves. You seem to be saying the same thing, while claiming that you are saying something else. Could you please try to restate your point in a way that might be clearer to me?