Reinsurer

Reinsurer - A reinsurer is a company that provides financial protection to insurance companies by accepting portions of their insurance liabilities. This process allows the primary insurance company to mitigate risks, ensuring that it can meet its financial obligations to policyholders even in the event of particularly large or numerous claims.

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Reinsurer
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Definition and Examples

Definition
A reinsurer is a company that provides financial protection to insurance companies by accepting portions of their insurance liabilities. This process allows the primary insurance company to mitigate risks, ensuring that it can meet its financial obligations to policyholders even in the event of particularly large or numerous claims.
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