Just what is finite reinsurance, and when is it legitimate?
Since Spitzer, there's been a lot of nonsense written about what finite reinsurance is and what it is designed to do. Our thanks to Nathan Willmott of Freshfields for compiling the definitive guide ...
What is finite reinsurance?
The expression 'finite reinsurance' is generally used to describe reinsurance contracts where only a limited amount of risk is transferred to the reinsurer.
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