InvestorsHub Logo
Followers 49
Posts 1728
Boards Moderated 0
Alias Born 06/03/2007

Re: mennypenny262 post# 43324

Sunday, 12/28/2008 8:42:38 AM

Sunday, December 28, 2008 8:42:38 AM

Post# of 118239
What's even more bizaare is "Retrocession", if your read down that page, Retrocession is:

Reinsurance companies themselves also purchase reinsurance and this is known as a retrocession. They purchase this reinsurance from other reinsurance companies. The reinsurance company who sells the reinsurance in this scenario are known as “retrocessionaires.” The reinsurance company that purchases the reinsurance is known as the “retrocedent.”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.