Comparative reinsurance practices of composite insurance companies in relation to domestic business and their selection criteria of reinsurers
Reinsurance play a vital role in the operations of an insurance company because it provides the ceding company with the necessary protection and allows it to increase its capacity. The reinsurance needs and practices of the life and general insurance companies differ, to some extent, because lif...
Saved in:
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/64498 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Reinsurance play a vital role in the operations of an insurance
company because it provides the ceding company with the necessary
protection and allows it to increase its capacity.
The reinsurance needs and practices of the life and general
insurance companies differ, to some extent, because life insurance
is usually long-term unlike general insurance which is
renewable yearly.
This report attempts to give the reader an insight into the
reinsurance practices of the life and general insurance companies
in Singapore. It is based on a survey of several life and general
insurance companies.
From the survey, it is discovered that the most important selection
criteria for reinsurance ( from the perspective of both life and
general insurance companies
stability of reinsurers. |
|---|