The Demex Group’s Post

Do you know the difference between Insurance and Reinsurance? Insurance involves individuals or companies purchasing coverage to protect themselves against specific perils covered by the insurance policy. Reinsurance, on the other hand, involves insurance companies transferring some of their own risks to other insurers (known otherwise as reinsurers), thereby creating an added layer of protection, enabling sustainability and risk distribution in times of large or catastrophic losses, for the benefit of the insurers and the policy holders in general. #SoundAdviceIsPriceless

Navigating the world of insurance can often feel like a daunting journey, but with TransAxis Reinsurance, you’re never alone. We’re here to light the path, offering clear answers and effective solutions to ensure that insurance isn’t just necessary—it’s easy to understand and manage. Let us guide you through with confidence. #InsuranceSimplified #TransaxisSupport

Partner Emmanuèle Lutfalla and Associate Nour Jonot explore the challenges of using cut-through clauses in reinsurance agreements, allowing the Insured to have direct access to the Reinsurer to seek compensation, in Insurance Post. Emmanuèle Lutfalla and Nour Jonot highlight that cut-through clauses can be used as a competitive tool, acting as a safety net for Insureds when Insurers go insolvent, though may also lead to complications for Reinsurers, when facing the possibility of payments to both the Insurer and the Insured. They further outline how precise and compliant drafting of cut-through clauses can prevent these issues from arising. Read Emmanuèle Lutfalla and Nour Jonot's article by following the link here: bit.ly/4fa5jHS #Reinsurance #Insurance #Assurance #SignatureLitigation #SignatureLitigationParis

As an insurance company, having the best reinsurance partner by your side offers incredible benefits. Its always important to note that a strong reinsurance partnership is like a safety net—ensuring your ability to fulfill promises and protect your clients. #InsuranceInsights" #ZimbabweInsurance #reinsurance

With the property insurance market in a constant state of flux, the utilization of facultative reinsurance has increased dramatically. Its trends have mimicked what we have seen on the E&S side, with the market softening, causing brokers to reconsider how they position this capacity.

Always a pleasure to write articles with Emmanuèle Lutfalla on super interesting topics! Let’s keep it going 🚀 #Signaturelitigation #Insurance #Reinsurance

Promising signs of softer insurance | reinsurance markets https://lnkd.in/dVeiiXXS The hard market conditions that have dominated insurance and reinsurance premium negotiations over the past three- to five-years is showing signs of easing as we enter 2024, suggesting better times for local insurance brokers and risk managers as they seek to transfer risk.

Some positive news this morning! According to recent reports, the insurance commissioner is considering proposed regulatory changes which would allow insurers to adjust their rates to account for reinsurance costs and catastrophe modeling. While this will surely result in higher insurance premiums, it will also lead to more carriers re-entering the market and creating a more competitive landscape with options for insureds. Stay tuned for more updates on this story! #Insurance #Regulation #Marketplace #Reinsurance #CatastropheModeling

Captive Insurance Times explores how captives can soar to new heights by engaging with reinsurance markets. Discover the benefits of accessing more carriers and better terms. #RiskManagement #Insurance #Reinsurance Read here: https://lnkd.in/eKAr3txG

Understanding reinsurance is crucial for insurance companies to operate effectively. Reinsurance allows insurers to manage more policies by transferring risk. It expands coverage options and gives peace of mind to policyholders. Exploring reinsurance reveals the intricacies and benefits of the insurance industry. 💸🔍 #RiskManagement #InsuranceInsights. https://lnkd.in/eqntemmG