Such transformation can occur through the policy itself, or through the use of a "transformer" reinsure, a method important in credit risk markets, hard asset value coverage and weather markets.
A significant percentage of the carrier respondents (nearly 70 percent) reinsure their voluntary products, most commonly life and long-term disability insurance.
You reinsured the car with the other car's registration and so you had completely changed its identity and disguised the fact you were living at your own address.
