Don't let offsetting drive you to ruin
Offsetting premiums against claims and vice versa may keep the wheels of reinsurance commerce turning, but as Colin Smith of Navigant Consulting explains, the wheels can soon come off if your management systems aren't up to scratch..
Although reinsurance by its very nature has a significant propensity for offsetting, the practice is by no means a stranger within insurance either. So it seems that in considering the practice of
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