Sophisticated insurance collaborations: the role of coinsurers

Insurance

Sophisticated Insurance Collaborations: The Role of Coinsurers

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Defining the Concept of Coinsurers A company that shares liability for covering a single policyholder is known as a coinsurer. This partnership becomes essential when the associated risks are financially overwhelming for just one insurance company to manage. Responsibility for the remaining portion of a major claim is taken by a coinsurer, while the primary […]