3 ms·
That's true, but I've yet to see a primary insurer that doesn't use reinsurance.
by chrisplotz 8y ago
That's true, but I've yet to see a primary insurer that doesn't use reinsurance.
- phonon 8y agoIt's not about using "reinsurance", it's about how much risk you are laying off to them. Large insurers don't insure "just the predictable losses" (unless they set up their own reinsurers) because it lowers their ROE too much to give reinsurers so much of the underlying risk.