New insurance contracts reshape legal guarantees and share risks effectively.
The article discusses different types of civil insurance agreements, including co-insurance, reinsurance, and compulsory insurance contracts. Co-insurance involves multiple insurance companies sharing risks, while reinsurance is a contract between an insurer and reinsurer to manage risks. Compulsory insurance is when the state requires certain individuals to insure specific property interests for social protection. Obligatory insurance differs from voluntary insurance and helps regulate private law relations.