I
inbal
Member
I am not sure I understand the nature of "deposits back".
The reinsurer deposits back it's share of reserves and the cedant retains the investment income on that reserve as well as profits from the release of that reserve?
Why would this make sense?
Does anyone know if this arrangement exists in Israel?
The reinsurer deposits back it's share of reserves and the cedant retains the investment income on that reserve as well as profits from the release of that reserve?
Why would this make sense?
Does anyone know if this arrangement exists in Israel?