This study presents an easy-to-handle approach to measuring the severity of reinsurance that faces a system of … dependent claims, where the reinsurance contracts are of excess loss or proportional loss. The proposed approach is a natural … generalization of common reinsurance methodologies providing a conservative framework that deals with the fundamental question of how …

different ways of the risk transfer. Reinsurance is necessary to perform correct financial economy of an insurance company …The article discusses particular forms of reinsurance treaties that are used within activities of insurance companies …. Hence, appropriate selection of a scope and methods of reinsurance in the context of insuring risks of catastrophical nature …