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Facultative reinsurance and reinsurance treaties are two types of reinsurance contracts. When it comes to facultative reinsurance, the main insurer covers one risk or a series of risks held in its ...
Mr Vito / Getty Images Facultative reinsurance is coverage purchased by a primary insurer to cover a single risk—or a block of risks—held in the primary insurer's book of business. Facultative ...
This was not litigation about constitutional rights or environmental justice, but a case about an unlikely subject: facultative reinsurance. Concurrency between insurance and reinsurance makes ...
Facultative reinsurance offers several benefits to insurers. One of the primary advantages is the ability to tailor coverage to specific risks, which is particularly useful for policies that ...