Reinsurers, by the nature of their business, suffer to a greater extent than insurers when catastrophes hit.

Name: Reinsurers, by the nature of their business, suffer to a greater extent than insurers when catastrophes hit.
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Reinsurers provide insurance to insurance companies, so they are exposed to large-scale risks and losses from multiple insurers when catastrophes occur, potentially leading to greater financial impact.

Reinsurers, by the Nature of Their Business, Suffer to a Greater