Simply begin typing or use the editing tools above to add to
this article. Once you are finished and click submit, your
modifications will be sent to our editors for review. A
significant insurance practice is that of reinsurance, whereby
risk may be divided among several insurers, reducing the
exposure to loss faced by each insurer. Reinsurance is effected
through contracts called treaties, which specify how the
premiums and losses will be shared by participating insurers.
What made you want to look up "reinsurance"? Please share what
surprised you most...