The essential guide to reinsurance
This documents presents the importance of reinsurance as it allows different parties, from individuals to companies, to reduce their risk exposures from the key risks that the world faces today, such as earthquakes, hurricanes, storms and droughts. The prospects of more extreme weather due to climate change and potentially devastating economic, social and political ramifications are of great concern to reinsurers. This document states that reinsurance is key to designing and developing risk transfer solutions for governments.