Purchasing reinsurance

      You are the owner Yachts International. Your business is worth in excess of $100 million dollars. You are looking at different insurance options. Your average loss per year due to hurricane and inclement weather is $10 million dollars per year. Do you prefer to deal with smaller primary insurers or larger insurers and why? What is reinsurance and what information do you need to know about the purchase of reinsurance? How does the carriers ability or willingness to purchase reinsurance impact your decision?