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It can be circular rather than nested. You may reinsure a peer company’s auto policies while they reinsure your home policies.
by zeckalpha 4y ago
It can be circular rather than nested. You may reinsure a peer company’s auto policies while they reinsure your home policies.
- pmoriarty 4y agoBut that's not really circular, is it? If they have to pay out on their reinsurance of your home policies the fact that you've reinsured their auto policies does not help them. Someone has to insure their reinsurance of your home policies, don't they?