accountdisparate corporate structure, which includes its core insurance broking business Marsh, the consultants Mercer 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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of millions of dollars, with the bulk of the costs for major insurers likely to be covered by reinsurance contracts.
NEW YORK (Dow Jones)--Losses from Chile's severe earthquake will be manageable for Chilean insurers and reinsurers,...
York Attorney General Eliot Spitzer, and now handled by his successor Andrew Cuomo. The case involves a 2000...
York Attorney General Eliot Spitzer, and now handled by his successor Andrew Cuomo. The case involves a 2000...
called the Catastrophe Obligation Guarantee Act, a federal bill that would allow agencies like his to cut their...
not sell any current businesses to finance a possible deal, nor would it use capital in an off-shore reinsurance unit...
Travelers, AIG, Marsh and Swett & Crawford. Torus specializes in property, casualty and specialty insurance as well...
that prolonged freezing weather in January would cost 12 million euros in 2010. Both figures were net of reinsurance.
with Oakland, California-based Eqecat. Because of the frequency of the tremblers in Chile, they know earthquakes are a...
Potential threat seen if noncore activities poorly controlled The core activities of insurers and reinsurers do not...
6m the year before to £509.1m ($763.5m) in 2009, boosted by significant reserve releases of £174m. Reinsurers generally...
investment portfolios performed well,' said David Einhorn, Chairman of the Board of Directors of Greenlight Re.
through export licences. Other ideas being canvassed include extending the penalties now applied to banks to insurance...
more restrictive coverage they bought last year. But those buyers will face resistance from underwriters saddled with...
higher net income after tax in the fourth quarter of 2008. Net income includes amortization of the deferred reinsurance...
will pass on some of the risk to Hannover Re, Pacific Life Re and Partner Re in the reinsurance market.
Extract not available.
not sell any current businesses to finance a possible deal, nor would it use capital in an off-shore reinsurance unit...
PARIS (Dow Jones)--French reinsurance company Scor (SCR.FR) said Wednesday that following its Jan. 1 contract renewals...
Extract not available.
Feb. 2 (Bloomberg) -- Munich Re, the world’s biggest reinsurer, plans to increase its dividend after profit surged more...
who also is benefits officer for the Miami-Dade County School Board in Miami. In 2007, Congress reauthorized the Risk...
Swiss Reinsurance Co. Ltd. has ceded a block of U.S. life reinsurance business to a unit of Warren Buffett's Berkshire...
Buffett's stake was more likely financial than strategic because insurance companies, which buy protection for...
Top Sources: Reinsurance
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