What is reinsurance?
Reinsurance is insurance for insurance companies. It allows the primary insurer to increase its capacity and to share liability when a loss occurs. In a reinsurance contract, one insurance company (the reinsurer) charges a premium to assume the potential liability of another insurance company against all or part of a loss it may sustain under a specific policy or policies.
This product is available to all insurance companies operating in or supporting business into or out of our African member states.
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