Krátka, Zuzana - In: Acta Oeconomica Pragensia 2009 (2009) 2, pp. 38-51
Amongst the most significant macroeconomic functions of reinsurance are the stabilizing, innovative and accumulative … functions. The most important microeconomic functions of reinsurance are the protection of the cedent and the protection of the … insureds. Reinsurance increases the insurance companies' capacity, diversifies their risk portfolios, allows for quantitative …