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Casualty Reinsurance is a type of reinsurance that provides coverage for losses related to liability claims. It is typically used to protect insurers from large losses due to catastrophic events, such as natural disasters, or from large claims due to accidents or other incidents. Casualty Reinsurance can also be used to cover losses related to product liability, professional liability, and other types of liability claims.
Casualty Reinsurance is typically purchased by insurers to protect against large losses due to catastrophic events, such as natural disasters, or from large claims due to accidents or other incidents. It is also used to cover losses related to product liability, professional liability, and other types of liability claims.
Some of the companies in the Casualty Reinsurance market include Munich Re, Swiss Re, Hannover Re, SCOR, and XL Catlin. Show Less Read more