The Role of reinsurance in catastrophe risk funding

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<title>Role of reinsurance in catastrophe risk funding</title>
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<namePart>Mcinally, Gary</namePart>
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<abstract>Insurers can view the benefit of catastrophe reinsurance from two closely related perspectives, each with its own related language. Historically, reinsurance was viewed simply as a mechanism to help smooth claims from "bad" years across all years; the reinsurance premium paid each year was seen as paying for the significant recorveries that were received in a bad year (plus a reasonable contingency margin for the reinsurer)</abstract>
<note type="statement of responsibility">Gary Mcinally and Mark Butterworth</note>
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<topic>Reaseguro</topic>
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<topic>Compañías cautivas</topic>
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<text>Vol.52, nº 7, Aprl 2006 ; p. 20-22</text>
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