How Does Reinsurance Work? | TRP #11

This week the guys flex their knowledge of reinsurance to break down how the industry works, covering the different types of reinsurance, proportional versus non-proportional cover, layering risk to match appetite, and an interesting game of Frisk Risk involving ghost and alien risk coverage.

OUTLINE & TIMESTAMPS:
00:00 Intro
02:22 (Re)Insurance Products
03:55 Treaty, Facultative, & Retrocession Risk
05:36 Protecting a Portfolio of Similar Risks
06:50 Why Buy Proportional Cover?
09:33 Non-Proportional vs.Proportional Structures
11:52 Layering Non-Proportional Risk to Match Appetite
17:18 Balancing Future Losses
18:15 Differences Between Treaty, Facultative &, Retrocession
25:22 Frisk Risk: Ghosts Vs. Aliens

CONNECT & SUPPORT:
Website: https://www.supercede.com
LinkedIn:   / supercedehq  
Twitter:   / supercedehq  
YouTube:    / @supercedehq  
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss