Reinsurance Market Witness Highest Growth in Near Future: Leading Key Players: Munich Re, Swiss Re, Hannover Re, SCOR SE, Lloyd's, Berkshire Hathaway
Reinsurance is the practice where insurers transfer a portion of risk portfolios to the third party by some form of agreement and reduce the likelihood of paying a large obligation resulting from an insurance claim. It is an assurance that is obtained by an insurance company. It allows the insurance company to remain solvent if any claims crop up such as tragedies like wildfires and storms. While framing the research framework, major and emerging players operating in the Reinsurance market...
View full press release