accountits pretax losses related to the recent earthquake and tsunami in Japan to total $125 million, net of reinsurance and...
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REINSURANCE
Reinsurance is a means by which an insurance company can protect itself against the risk of losses with other insurance companies. Individuals and corporations obtain insurance policies to provide protection for various risks (hurricanes, earthquakes, lawsuits, collisions, sickness and death, etc.).
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wholesale agents and specialty business through program underwriting agents. Tower's insurance services subsidiaries...
We expect that valuation to correct as investors get less enthusiastic about a hard market pricing environment for...
in the European market, growth was in the single digits. Munich Re has about 30 percent of the reinsurance market for...
Extract not available.
not result in a capital deficit for the insurance sector as whole. In its review of QIS5, the reinsurance arm of global...
NEW YORK - Reinsurance company PartnerRe Ltd. said Wednesday it estimates it will book losses of $500 million in the...
been a closed market, said Fareed Lutfi, the secretary general of the Coordination Commission for Gulf Insurance and...
been a closed market, said Fareed Lutfi, the secretary general of the Coordination Commission for Gulf Insurance and...
moratorium on claims payments after housing-debt losses depleted the insurers capital. In February, the CEA European...
its customers. It provides property, casualty, and liability coverage; sells life insurance and related products; and...
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to have gone cap in hand to London last week to meet with underwriters to renew their July reinsurance contracts.
losses from the Japan disaster would force the price of catastrophe insurance higher around the globe.
at the top end of the indicated range, said one UK-based investor familiar with the transaction. Insurers and...
trading conditions and market sentiment which took place in March. We had anticipated that rates for our property...
Company. These risks and uncertainties include the impact of general economic conditions and conditions affecting the...
FRANCISCO (MarketWatch) -- A.M. Best, an influential insurance industry rating agency, cut its ratings outlook on...
Company Holdings, AG, through its subsidiaries, is a global provider of innovative property, casualty and specialty...
credit rating (ICR) of "a-" of Flagstone Reassurance Suisse S.A. (Martigny, Switzerland) and Flagstone...
detail, background) LONDON, April 12 (Reuters) - Omega Insurance (OIH.L "Omega estimates its ultimate loss, net of...
new debt replaced expiring portions of existing debt coming off risk prior to the 2011 wind season. Munich Reinsurance...
in The Deccan Chronicle, Shankar Roychowdhury attributed the in part to Somali pirates whose attacks have caused...
GBLI 22.18, +0.50, +2.31%) , through its several direct and indirect wholly owned subsidiary insurance and reinsurance...
in Japan would be about $23.6 million.Hamilton, Bermuda-based Omega said its loss estimate was net of reinsurance and...
Top Sources: Reinsurance
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