Why do insurance companies buy treaty reinsurance?
Offering ‘Industry Insight on Reinsurance’ in a recent webinar, senior leaders from across reinsurance broking giant Guy Carpenter came together to examine the treaty reinsurance market. Starting with the very basics of what treaty reinsurance is and where it sits in the risk transfer value chain, Simon Liley (pictured), managing director at Guy Carpenter, outlined that it is effectively, “insurance for insurance companies”.
Understanding where treaty reinsurance sits in the risk transfer value chain
The reinsurance treaty market