Q1. Reinsurance is a form of insurance purchased by insurance companies in order to mitigate risk. Essentially, reinsurance can limit the amount of loss an insurer can potentially suffer. In other words, it protects insurance companies from financial ruin, thereby protecting the companies' customers from uncovered losses.

Questions:

a. How do reinsurance companies work?

b. What are the Reinsurance Contracts?

c. Give example of reinsurances companies in KSA and describe their main services . I want a clear and tidy solution. I do not want the handwriting because it is not clear