!!!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.
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