Reinsurance for Direct Insurers: When Fac Fits the Frame
By Gareth Baines, PARTNER RISK Facultative reinsurance (Fac) divides opinion in our industry, and it always has. Some underwriters treat it as an essential tool for managing exposure. Others see it as a last resort for reinsurance support, as most if not all accepted risks should be written to net and treaty (N&T) reinsurance. I’ve […]