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Quotes of the day:
By recurrently changing the horizon, things can be perceived from another angle and the perspectives of life can be reoriented in a captivating way. If not, the squeaking wheel of our mind will suffer from lack of oil and our vision of the world gets rusted.
Obligatory reinsurance is reinsurance in which the ceding insurer agrees to send a reinsurer all policies which fit within the guidelines of the reinsurance agreement. An obligatory reinsurance treaty, also called an automatic treaty, requires the reinsurer to accept these policies.
What is Reinsurance - Insurance exam
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