A group of small insurance companies joined together so that they could jointly provide reinsurance on larger risks. This organization of insurers formed to provide the capacity needed to reinsure larger risks is called a A group of small insurance companies joined together so that they could jointly provide reinsurance on larger risks. This organization of insurers formed to provide the capacity needed to reinsure larger risks is called a reinsurance pool. special purpose reinsurance vehicle. surplus share reinsurance treaty. ceding company