The assuming reinsurance offers insurance solutions for risks of insurance companies. These companies can mitigate their risks, reduce solvency required capital and stabilize results by ceding parts of their portfolio to a reinsurer. The cession of a reinsurance portfolio is referred to as retrocession.
How does reinsurance work?
A reinsurer accepts to cover the loss or parts of a loss of a defined portfolio of primary insurance policies. For each reinsurance contract the price, terms and conditions of this risk transfer are negotiated between the insurance company (cedent) and the reinsurer.
Who are the largest reinsurers?
R+V Re provides reinsurance solutions with dedicated teams for our customers in Germany, Europe and other parts of the world – including North America, Latin America, Africa and the APAC region. R+V Re ranks among the top 17 of the largest non-life reinsurance companies worldwide.