What is reinsurance?
Reinsurance is the process of insuring the risk assumed by the primary insurer. The underlying principle of risk management is described on the page "Discover Hannover Re - Reinsurance".
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What is reinsurance? A simple explanation in 3 minutes.
You may have come across the term reinsurance and wondered what it actually means. It is a field that often remains in the background, even though it plays an important role in how risks are managed worldwide.In this short video, we explain what reinsurance is and how it works. We use a simple example to show how many small risks can add up to larger losses and how these are managed across markets and regions.
At Hannover Re, this is part of what we work on every day: dealing with real-world challenges, a wide range of topics, and collaborating across disciplines and markets. Watch the video to learn more.
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