Introduction to Reinsurance.pdf - Prince Lobel
Introduction to Reinsurance.pdf - Prince Lobel
Introduction to Reinsurance.pdf - Prince Lobel
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Insurance/<strong>Reinsurance</strong><br />
Similarities<br />
Both<br />
Protect against uncertain, future events<br />
Involve a transfer of risk<br />
Require a payment of premium<br />
Pay for certain types of expenses<br />
Require underwriting (selecting, analyzing,<br />
pricing) skills