put a framework together and it is now fully operational. We have stepped up and put in place reinsurance arrangements...
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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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it said all claims related to the weather were likely to be treated as a single event for reinsurance purposes.
the Cat Fund because it has no chance of paying out its liabilities. The reason is simple: Private reinsurance markets...
a share from net earnings, Aon said. But the company said income from acquisitions, primarily its purchase of...
the proposed Max amalgamation and the opportunity to be part of a leading Bermuda carrier in the short-tail reinsurance...
public finance markets: ● Creation of the Office of Public Finance within the US Treasury. This will provide...
HAMILTON, Bermuda--(Business Wire)-- Flagstone Reinsurance Holdings Limited (NYSE:FSR) announced today that they will...
A (Excellent) and issuer credit ratings of 'a' of Transatlantic Holdings Inc. Group (Transatlantic) and its members,...
FRANKFURT, Germany (Reuters)—Munich Reinsurance Co., the world's biggest reinsurer, said it was treading a conservative...
although the insurance marketplace continues to be competitive, we see some signs of hardening as demonstrated by the...
this insurance 'float' enriched Berkshire by $2.8 billion in 2008. Berkshire's specialty reinsurer -- Berkshire...
Imposing new taxes on foreign-owned insurers and reinsurers would shrink the supply of reinsurance in the United States...
big business within Berkshire, which owns numerous insurance, utility and retail companies. Buffett also said the...
credit risk from their Bistro deals. They started plotting other sales of super-senior risk to other insurance and...
This reflects an increase from the first quarter of 2008 of 0.8% in the Company's worldwide reinsurance premiums,...
NAIROBI, April 29 (Reuters) - Kenya Reinsurance (KNRE.NR KenyaRe, an insurer of other insurance companies, posted 966...
KOLKATA: Firming up of reinsurance rates in India by regular players such as General Insurance Company (GIC), Munich Re...
of 5.5 million pounds a year earlier. It said gross premiums written in the quarter, excluding the reinsurance to close...
has affirmed the financial strength rating of B++ (Good) and issuer credit rating (ICR) of 'bbb' of National...
the administration board. State lawmakers last year boosted the state's hurricane exposure in an effort to ease...
of our products and services, including new products and services; changes in the availability, cost or quality of...
reduce the exposure of the Florida Hurricane Catastrophe Fund (or Cat Fund), the state-run entity that sells cheap...
insurer managed, but not owned, by ZFS. The Exchanges will also agree to channel significantly more of their...
of their careers. Patrick Thiele, president and chief executive officer of PartnerRe Ltd., has been named Insurance and...
countermeasures, plus report to the insurance watchdog. The eight groups are: PICC, China Life Insurance (Group) Co,...
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