Rückversicherung#

Reinsurance, form of protection for insurance companies. It enables them to take greater risks that would otherwise exceed their financial capacities, and reduces insurance companies' overall risk at the same time. The only companies which currently offer exclusively reinsurance protection are the Vienna-based Wiener Rueckversicherungsgesellschaft (founded in 1869) and the Generali Rueckversicherungs-Aktiengesellschaft (founded in 1977). The majority of the other insurance companies are active in both reinsurance and direct insurance.