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Insurance

Apr. 30, 2002

Reinsurance Helps Insurers by Shifting Risk to Another Insurer

Focus Column - By Caroline B. Newcombe - While statute defines the term "reinsurance contract" in most jurisdictions (see Insurance Code Section 620), perhaps the best way to understand the term is to describe a hypothetical reinsurance transaction.

        Focus Column
        
        By Caroline B. Newcombe
         
        While statute defines the term "reinsurance contract" in most jurisdictions (see Insurance Code Section 620), perhaps the best way to understand the term is to ...

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