US
・UK
The $100 million remaining in the business is known as net written premiums, or NWP, because it is net of reinsurance.
The $100 million remaining in the business is known as Net Written Premiums, or NWP, because it is net of reinsurance.
We have a great insurance and reinsurance system.
We have a great insurance and reinsurance system, but I don't.
step four, the risk gets moved offshore using something called reinsurance, which is a fancy way of saying it's insurance for insurance companies.