Battlecard Q1
The Battlecard answer says:
REINSURANCE: addressed excessive use of reinsurance
I think it's important to note that this refers to unregistered reinsurance
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The Battlecard answer says:
REINSURANCE: addressed excessive use of reinsurance
I think it's important to note that this refers to unregistered reinsurance
Comments
Well, I think it's both as per http://www.pacicc.com/publications/pages/publications/Actuary's Role in Solvency Monitoring.pdf
"Regulations were issued to address the excessive use of reinsurance as well as the use of unregistered reinsurance "