Reinsurance and risk transfer play a critical strategic role in ensuring the success and stability of an insurer especially where solvency and capital adequacy are concerned. Unfortunately, reinsurance management tends to be one of the most neglected parts of an insurer’s operations relegated to manual processes while the rest of the organization gets modernized. Administering reinsurance contracts manually – using outdated tools like excel spreadsheets and access databases – is no longer viable especially in today’s fast-paced business environment.
This e-book takes a look at: