Property / Casualty Reinsurance

Abstract: One of the realities that is emerging from today's business of insurance is that there are not many major insurance markets left where direct insurers are able to make a profit by underwriting, free of reinsurers. The general trend has been that most of the world's markets are showing losses for underwriting. In some cases, even the net business after reinsurance is at a loss. In such cases, they are usually able to offset the loss with investment income but the total profit has been declining steadily in most regions of the world. This 8 page paper examines the trends in the relationship between the direct insurer and the reinsurer and the changes that have been instituted in the wake of hurricane Andrew in 1992. Bibliography lists 7 sources.

Filename: Reinsud.wps

Pages: 8

---

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

---