reinsurance on white paper

reinsurance risk coverage premium insurer treaty policyholder underwriting claims ceding broker contract retention liability catastrophe proportional non-proportional capacity exposure capital retrocession loss protection quota excess surplus reinsurer agreement deductible transfer financial market risk-sharing solvency obligation reimbursement claims-handling reinstatement aggregate facultative treaty-reinsurance profit risk-mitigation contractual event exposure-limit multinational risk-transfer layer coverage-limit