"Global reinsurance" refers to a process where insurance companies transfer some of their risks to other companies worldwide. This helps them spread the financial burden and protect themselves in case of large losses or disasters. Full definition
The president of Global Reinsurance Corporation of America is Bard Erling Bunaes, the treasurer is, and the secretary is. (insuranceproviders.com)
We have undertaken postgraduate insurance law studies and some of us have first - hand experience in the world's largest reinsurance markets located in London (both Lloyd's and other London Markets) and Bermuda, providing us with detailed knowledge and in - depth experience of both Canadian and global reinsurance markets. (gilbertsondavis.com)
Global reinsurance companies are making billions in profits, in part by selling new kinds of protection schemes to developing countries that have done almost nothing to create the climate crisis, but whose infrastructure is intensely vulnerable to its impacts.8 (powells.com)