New Profitable Strategic Report on Life Reinsurance Market:Allianz, AXA, Nippon Life Reinsurance, American Intl. Group, Aviva, Assicurazioni Generali, CNP Assurances
Life Reinsurance, also known as insurance for insurers or nonperforming insurance, is a practice that transfers a portion of a risk portfolio to another person to reduce the likelihood of fulfilling a larger obligation due to claims. The parties that diversify the insurance portfolio are known as both. A party receiving a portion of the potential obligation to exchange for premium contributions is called a reinsurer.
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