Reinsurance

Insurance is a risk management tool that helps to reduce the volatility in the balance sheet of businesses. In accepting this transfer of risk the insurer in turn exposes their balance sheet to volatility. One tool available to insurers to reduce that volatility is to spread the risk amongst companies who specialise in insuring insurers. We call these types of Companies "reinsurers" and we call this type of insurance protection – "reinsurance"

HSBC Insurance has a specialist team that ensures that our reinsurance mechanism is being managed properly. Our reinsurance experts are the link between the Company, the reinsurers' and the reinsurance brokers. Their role includes - relationship building, gathering information, formulating strategies and negotiating placements for upcoming treaty programmes, administering existing treaty programmes and running off past programmes.

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