Reassurance Brokage:

  • Treaty Placement:
  • The ceding company and the reinsurer negotiate and execute a reinsurance contract . There are two main types of treaty reinsurance, proportional and non-proportional Under proportional reinsurance, the reinsurer's share of the risk is defined for each separate policy, while under non-proportional reinsurance the reinsurer's liability is based on the aggregate claims incurred by the ceding office.

  • Facultative Placement:
  • The ceding company and the reinsurer negotiate and execute a reinsurance contract . There are two main types of treaty reinsurance, proportional and non-proportional Under proportional reinsurance, the reinsurer's share of the risk is defined for each separate policy, while under non-proportional reinsurance the reinsurer's liability is based on the aggregate claims incurred by the ceding office.