Latest Reinsurance and Insurance Trend -Function and Influence of Reinsurance-

摘要

Resulting from World Trade Center tragedy and other large losses, some Japanese Non-Life insurance companies suffered considerable losses from their Reinsurance contracts, then Non-Life insurance companies realized how important their reinsurance business are. But Reinsurance is not very popular among the people other than insurance industry people in general, so I would like to explain how Reinsurance works and how it affects to primary insurance market with latest Insurance and Reinsurance market trend.