Correct spelling is STOGIE.
Lemonade is disrupting the CIGAR industry?
That's not the way reinsurance works.
The ceding carrier is on the hook for at least a portion of the risk. They could have a quota share or a surplus treaty. Regardless of the TYPE of treaty the issuing (ceding) carrier has some claims responsibility.
That being said, if the reinsurer is losing big bucks don't expect them to renew the treaty. Or if they do the rates will be higher than now.
There have been a number of life and health insurance carriers that have burned their reinsurance carriers to the point they could no longer find anyone to give them a treaty and they had to abandon that line of coverage.
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