$$Reinsurance is a technical but easy to understand concept. With reinsurance, underwriter issues policies with higher limits than would otherwise be allowed, and becomes able to take on more risk as a portion of such risk is transferred to the reinsurer. On his part, the reinsurer has over time become much more reliant on actuarial models and on tight review of the companies he is willing to reinsure. He reviews their financials closely, examines the experience of the proposed business to be reinsured, reviews the underwriters that will write that business, reviews their rates and much more$$

Analyse how reinsurance is conducted in Tanzania.