The Brainshark’s PowerPoint

177 views 2 pages ~ 325 words
Get a Custom Essay Writer Just For You!

Experts in this subject field are ready to write an original essay following your instructions to the dot!

Hire a Writer

The PowerPoint narration on Introduction to Reinsurance by Brainshark provides a complete review of Reinsurance. As the presentation progressed, I gained a better understanding of what reinsurance is, how it works, and how vital it is to the insurance sector. Reinsurance, according to the narrator, is "a contract of indemnification" or an agreement between a ceding and a reinsurer. In this case, one insurance company (the ceding company) tries to insure itself against all or part of the loss arising from a specific high-risk cover by another insurance company (the reinsurer). Reinsurance spreads risks even farther in this manner.

According to the narration, in addition to covering losses, a corporation will purchase reinsurance in order to generate a profit through ceding commissions and cover their expenses. Though reinsurance a small insurance company gets a large-line capacity that enables it to cover significant amounts of risks (that would otherwise be legally impossible) giving it the ability to compete with bigger companies. In the same manner, since there is a limit on the amount of premium a company can write, reinsurance gives the company a capacity to write more premiums (than legally possible). Also, it stabilizes the experience of losses; an insurance company can overcome the fluctuations over a given period. Moreover, in moments of catastrophic losses, reinsurance provides relief through loss sharing by one or more reinsurance companies. Reinsurance companies interact with many insurance companies and thus have the best experience on different risks. With this information, they can provide help to new companies coming into the market, or those that want to venture on a new risk coverage. Lastly, reinsurance provides room for social purposes such as through portfolio insurance, or through banding to cover poor risks.

In conclusion, Brainshark’s PowerPoint narration on Introduction to Reinsurance has been resourceful in my quest to understand the topic. The descriptions were clear and well-articulated to my level of comprehension; I now understand the importance of Reinsurance.

May 10, 2023
Subject area:

Insurance Understanding Risk

Number of pages


Number of words




Writer #



Expertise Risk
Verified writer

Nixxy is accurate and fun to cooperate with. I have never tried online services before, but Nixxy is worth it alone because she helps you to feel confident as you share your task and ask for help. Amazing service!

Hire Writer

This sample could have been used by your fellow student... Get your own unique essay on any topic and submit it by the deadline.

Eliminate the stress of Research and Writing!

Hire one of our experts to create a completely original paper even in 3 hours!

Hire a Pro

Similar Categories