Collateralized Retrocessional Reinsurance (CRetro):

Collateralized Retrocessional Reinsurance is similar to collateralized reinsurance except for the ceding company is typically a reinsurer as opposed to an insurer. It is common practice for reinsurers to purchase protection from other reinsurers on their whole-account or portions of their account through retrocessional risk-transfer. This practice allows reinsurers to manage peak exposures they may have accumulated in their business or manage the overall size of their business relative to their capital position as market conditions warrant.