The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
The aim of the study was to assess the methods of reinsurance management in insurance companies operating in the Polish market during the years 2004-2008. Determination of reinsurance applied by insurance companies in each of the eighteen groups of section II insurance types (according to the Act on insurance activities), including also the discussed group thirteen, i.e. in general third party insurance nit included in groups from nine through twelve was the base for the assessment. Each reinsurance type defines the risk sharing, that is the liability of the insurance company (the assignor) and reinsurer in case of insurance damage, in a different way. The reinsurance method and the scope of damage also influence the reinsurer's commission and the share in profits of the reinsurers that insurance companies receive from the reinsurers. The values of those financial parameters have a very large influence on the operational results of insurance companies as concerns the balance or reinsurance operations, which should oscillate around zero in a longer time perspective.
VERSITA Central European Science Publishers, Warsaw; http://versita.com, in cooperation with journal's owner - University of Warmia and Mazury in Olsztyn
VERSITA Central European Science Publishers, Warsaw; http://versita.com, in cooperation with journal's owner - University of Warmia and Mazury in Olsztyn