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Thursday, May 22, 2014

FUNCTIONS OF REINSURANCE

GREETINGS FROM INSURANCE JONNY JINNY ,
Visit more >>> http://jonnyjinny10.blogspot.com/
Hi blogger , it's a bad day , today is a bad day . A mutation to the other parts of my staff , after 6 years of working with him , the management finally decided to do the mutation to be more effective and efficient . My staff does not work perfectly , but he was quite helpful job.Actually it is difficult to accept

that decision , sad , upset , angry , mixed up into one . But it can not be my show , I have to STAY STRONG, although in my heart - cut slices , because it was already a decision . Like it or not , happy not happy , sincere is not sincere , I should accept it gracefully .With this incident , I can only wait , think positive and optimistic , that someday there will be something much better than this . Amen .Back to the topic .......Previously we have discussed about MECHANISM OF REINSURANCE , why no reinsurance has been discussed in previous modules , this time I will discuss the functions of reinsurance .FUNCTIONS OF REINSURANCE
  • Increasing the capacity of acceptances ,
  • Risk deployment tools ,
  • Improving business stability ,
  • Meningkatkankepercayaan

Increasing the capacity of acceptances ,

With reinsurance , the insurer will be able to increase revenue insurance acceptances so that it can increase the amount of insurance coverage is beyond the capabilities .

Risk deployment tools ,

The spread of insurance in principle does not require concentrated on a particular type of risk or insurance . With the concentration of reinsurance losses can be minimized .
Improving business stability ,
In the event of a claim which far exceeds the estimated amount will obviously greatly affect its stability and the possibility of causing a loss of business .

Increasing confidence

In principle reinsurance add credence to the insured because of the possible risks that will be experienced received assurances from reinsurers .

That the functions of reinsurance , to Visit more >>> http://jonnyjinny10.blogspot.com/ for the next discussion .
GREETINGS FROM INSURANCE JONNY JINNY
- MECHANISM OF REINSURANCE 

- ANTI SELECTION 
- BASIC PRINCIPLES OF INSURANCE 
- MUST BE LIMITED TO LOSS 
- LOSS RATIO MUST PREDICTABLE

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