reinsurance in slight

Reinsurance is an insurance for insurance company. Reinsurance is as a mechanism of risk transferring or “ceding” some of the financial risk insurance companies from various underwritten by insurance company to another insurance or reinsurance company furthermroe named as the reinsurer.
Reinsurance can be called as a highly complex global business but surely demanded in insurance business. Demand for this reinsurance surely to protect insurance against exposure beyond their financial ability say as affect of catastrophe that may bring equity go down that may also will chain with the financial security changes.