Assessing reinsurance companies

We transfer our risk to life-insurance and general-insurance companies. But did you know that these companies further transfer part of their risk to reinsurance companies, for which they pay a premium. GIC Re, India's most prominent reinsurance company, had its IPO in 2017. Reinsurance companies are riskier than insurance companies since insurers will reinsure policies with a higher probability of claims. The business model Like general insurers, reinsurers also do not make money from the net difference between the premiums received and the claims paid. They are also highly dependent on investment incom