> For the complete documentation index, see [llms.txt](https://docs.re.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.re.xyz/how-reinsurance-works.md).

# How Reinsurance Works

- [Reinsurance 101](https://docs.re.xyz/how-reinsurance-works/reinsurance-101.md): A basic primer on reinsurance for newbies.
- [Deal types as payoff shapes](https://docs.re.xyz/how-reinsurance-works/deal-types-as-payoff-shapes.md): The various types of reinsurance treaties and how they function.
- [Underwriting, reserving, and timing](https://docs.re.xyz/how-reinsurance-works/underwriting-reserving-and-timing.md)