Reinsurances outwards in the London market

Document description

This note has been written for actuaries making acquaintance with the London reinsurance market and needing to know how the market operates. The note is detailed and the subject is complex. Other actuaries may like to use it to gain an introduction to the subject and as a source of reference. One note of caution is advisable - different terms are often used by different people in the London Market for the same thing; sometimes the same term may be used by different people to mean slightly different things.