Reinsurance is a process whereby one entity (the reinsurer) takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment. In other words, it is a form of an insurance cover for insurance companies.
The Inward Countries that Worldwide Insurance Brokers Ltd. services are Bhutan, Nepal, Bangladesh & Sri Lanka, while the Outward Countries it services include Dubai, Singapore, Africa and UK.