In this eBook, we discuss the rationale for reinsurance that includes
risk mitigation (which complements risk pooling) and capital management. We analyse
the structure of reinsurance markets and the role of reinsurance brokers in
providing reinsurance intermediation. We present the main characteristics and
pricing of proportional and non-proportional treaties supported by a discussion
of key reinsurance concepts such as ceding and profit commissions.
About the authors
Drs. Dick Harryvan has a graduate degree in business economics. He is an
entrepreneurial executive with
experience in setting up life and direct retail banking green-fields including ING
Direct the world’s largest direct bank which grew to 24 million customers.
Being pragmatic, customer centric,
focused and keeping things simple are keys to success and are reflected in this
Art of Insurance series.
Dr. Abdul Rahman holds graduate degrees in mathematics and financial
economics and won the best teacher award by MBA students for 12 consecutive
years at the Telfer School of Management. He has published in prestigious
academic journals, held university positions as Full Professor and Associate
Dean and consulted for global financial institutions in banking, insurance and
asset management .