info: Information: This code has a codification rule
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652000 Reinsurance
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This type includes:
- activities of assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers, retrocession of risks between reinsurance companies and activities of captives
Professional reinsurer; reinsurance; Reinsurance captive; reinsurance on life
Codification rules
Reinsurance
• 652000: Reinsurance
Information:
Reinsurance is the insurance of insurance companies, to cover major risks for nuclear installations, risks of major natural disasters. These are insurances that insure other insurances.