"Global reinsurers" are companies that provide insurance for other insurance companies. They help spread the risk and financial burden by taking on a portion of the coverage provided by these insurance companies worldwide. Full definition
CNBC's Dominic Chu reports that according to Dow Jones, Softbank is looking to buy a large stake in global reinsurer Swiss Re. (cnbc.com)
He highlighted IAG's quota share agreements which have laid off the risks in its books with global reinsurers such as Warren Buffett's Berkshire Hathaway. (afr.com)
David Breslin is very well regarded by the market and frequently handles major international disputes for global reinsurers. (fladgate.com)