Ask Experts Questions for FREE Help !
Ask
    sukumara's Avatar
    sukumara Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 2, 2008, 10:17 PM
    Basics of reinsurance
    Hi, I wander if someone can recommend me a suitable site to learn about basics of reinsurance . Thks
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #2

    Sep 3, 2008, 06:26 AM
    What it is you are wanting to know ?

    In general it is merely insurance companies selling part of the risk, for example if you buy a 3 million dollar life insurance policy, form company A, they will go to a reinsurance company that buys part of that risk.

    The insurance company is merely insuring part of their over all risks.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Networking Basics [ 1 Answers ]

Hi, I work at a printing company as electronic prepress tech. I don't understand how everything is networked. We're on a hub; 9 office PCs; in prepress we have 3 PCs (one a server) and 2 Macs. All computer have internet access. Right now we use an IT company and they do much remotely. Here's...

Waiting to know the basics of it [ 3 Answers ]

I am 16 and don't know really anything about banking or what I should look for when opening a bank account. I want to know what interest is and all that goes on with a checking and savings accounts. Also- I have a prepaid debt card, I have an account with my father, but was wanting to switch...

Basics of probability [ 1 Answers ]

I was absent the day that my class began doing probability and I'm a little behind. My teacher is using a method involving NRPQ and I don't really understand it- does anyone recognize it? I think the N is the total number of throws, the R is what you are looking for- like a 1 on a six sided die,...

Basics on NJ->NY Taxes [ 5 Answers ]

Hi, Forgive me if this has already been asked, but I'm somewhat new to tax filing... I live in NJ and will start a new job in NY soon. I've read past inquiries and there's mention of NJ credit that may offset the taxes paid in NY... 1. Does this mean that I only get NY taxed on...

View more questions Search