Examines the fundamental mechanics of reinsurance, discovering how to use reinsurance to better create, pursue, and achieve core and strategic business goals. Explores the capital markets and how those financing sources evaluate the industry for investment purposes. Analyzes core aspects of reinsurance contract administration, as well as the financial management benefits and risks associated with reinsurance vehicles, markets, and partners. Offers students an opportunity to apply this knowledge to examples of uses and pitfalls of reinsurance purchasing.