Sentences with phrase «reinsurance company in»

Oriental Insurance would partner a proposed reinsurance company in Nepal, subject to the government and the Insurance Regulatory and Development Authority's approvals.

After a number of years as a litigation lawyer in London, Rory Unsworth joined Swiss Reinsurance Company in Zurich as Senior Contracts Expert in 2003.

According to J. Eric Smith, CEO of Swiss Re, the other largest reinsurance company in the world, «What keeps us up at night is climate change.

Better understanding of how climate affects tornado activity can help to predict tornado activity in the short - term, a month, or even a year in advance, and would be a major aid to insurance and reinsurance companies in assessing the risks posed by outbreaks.

Not exact matches

To find out, researchers from the University of London zoomed in for a three - year look at the assumedly cutthroat global reinsurance industry — a $ 260 - billion dollar financial market that insures insurance companies against large - scale losses.

Fairfax is a holding company involved in property and casualty insurance and reinsurance and investment management.

In the eyes of insurers, today's self - driving vehicles are treated no differently than conventional cars when they're involved in a collision, according to Maureen Brown of Munich Reinsurance America, a firm that insures a number of companies testing autonomous vehicleIn the eyes of insurers, today's self - driving vehicles are treated no differently than conventional cars when they're involved in a collision, according to Maureen Brown of Munich Reinsurance America, a firm that insures a number of companies testing autonomous vehiclein a collision, according to Maureen Brown of Munich Reinsurance America, a firm that insures a number of companies testing autonomous vehicles.

• Arch Capital (Nasdaq: AGCL), a Bermuda - based insurance and reinsurance company, is in talks to acquire mortgage guaranty business United Guaranty from A.I.G. (NYSE: AIG) for $ 3.4 billion.

Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Fresh off a $ 19 billion reinsurance deal with Voya Financial that closed in December, Athene CEO James Belardi said the company is open for business and hopes to close similar deals in 2018.

Meanwhile, its reinsurance operation, one of the largest in the world, protects insurance companies when their losses get too large, as it did when it shouldered the asbestos - related obligations of insurers including American International Group Inc., Liberty Mutual Holding Co. and Lloyd's of London.

Higher costs from the lawsuits this year would be reflected in rates for reinsurance — which is insurance that insurance companies must buy to ensure they can pay claims after a catastrophe — by June 1 of next year, he said.

It grew into one of the largest financial services companies in the U.S., offering life insurance, annuities, mutual funds, group insurance and reinsurance.

As part of the company's «Back to Basics» effort, ING Group sold the U.S. group reinsurance business to Reinsurance Group of America, Inc. in Jareinsurance business to Reinsurance Group of America, Inc. in JaReinsurance Group of America, Inc. in January 2010.

Greenlight Capital Re is a property and casualty reinsurance company based in the Cayman Islands and Ireland.

Indeed, the project quotes Chamber President Thomas Donohue as stating that «the Chamber is in the business of providing «reinsurance» to companies that need help lobbying for positions that aren't publicly or politically palatable.»

Solvency II is the new region - wide supervisory framework for insurance and reinsurance companies operating in the European Union.

He wants to know why Berkshire has significantly sold down their holdings in Munich Re, which is the world biggest reinsurance company based in Germany while sticking with their reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and reinsurance company based in Germany while sticking with their reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and Reinsurance, and General Re?

The AIFA conference attracts more than 300 insurance investors, analysts and companies in the property - casualty, life and annuity and reinsurance segments every year.

Starting as a hedge fund investing primarily in publicly traded North American corporate debt offerings and equities, the company began its property and casualty reinsurance business in 2004.

Return on equity should continue to grow over the next three to five years, especially as the company expands its reinsurance portfolio to take on longer - duration risks in an effort to spur results.

This week we ran a screen to identify reinsurance companies that had above average (15 % for the industry) return on equity in 2013.

The earthquakes in New Zealand and Japan have increased volatility in the shares of PartnerRe, a Bermuda - based reinsurance company.

We have already mentioned PartnerRe, the reinsurance company, in the opening section.

The company's American reinsurance business lost $ US115 million ($ 155 million) directly because of storm damage on the Australian east coast in April, the company disclosed in a regulatory filing in the US.

One hot topic in public health funding, he said, is the idea of working with the private insurance and reinsurance sectors to begin insuring against pandemics in the same way that these companies insure against natural disasters such as hurricanes.

«A deep MI pilot built around the core strengths of the MI industry, lender relationships, independent underwriting standards, and expertise in pricing long tailed credit risk, combined with Credit Risk Transfer via the capital and reinsurance markets by MI companies, can better protect the U.S. taxpayer while also providing prudent access to home ownership.»

Even for insurance carriers with tens of billions of dollars in claim reserves and the right reinsurance, that's still more exposure than is prudent for a company to take on.

An global oligopoly of companies grew organically and through acquisitions to become dominant in life reinsurance.

Highly rated renters insurance in South Carolina means that even if there's a hurricane loss that impacts a broad swath of the state, you'll be able to get your claim paid by the company because they have enough money and / or enough reinsurance to make sure of that.

3) Away from that, PartnerRe, one of my favorite companies, has written off its entire stake in Channel Re, which provided reinsurance to MBIA.

There are five companies that dominate life reinsurance globally, and in my opinion, RGA is the best, though they are a close number 2 by most measures of market share.

The Company reduces risks embedded in its insured portfolio through the use of reinsurance and by entering into derivative transactions.

This includes cessions of insured derivatives under reinsurance agreements and capital markets transactions in which the Company economically hedges a portion of the credit and market risk associated with its insured credit derivative portfolio.

In 2009, NICO agreed to provide up to 5 billion Swiss Francs (approximately $ 5.3 billion as of December 31, 2011) of aggregate excess retroactive protection to Swiss Reinsurance Company Ltd. and its affiliates («Swiss Re»).

The assets associated with these contracts represent receivables in connection with reinsurance that the Company has purchased from two external reinsurers, which covers 55 % of the exposures on these contracts.

1989 — Standard Insurance Company becomes licensed in 49 states (accredited for reinsurance only in New York).

Significant changes in interest rates expose reinsurance companies to the risk of reduced investment income or actual losses based on the difference between the interest rates earned on investments and the credited interest rates paid on outstanding reinsurance contracts.

[1] Reinsurance is an arrangement in which the reinsurer, agrees to take on risks another insurance company, the «ceding company,» for a percentage of the premiums paid on the original policy (for specifics, see Reinsurance).

P.R.S. Oberoi, executive chairman, The Oberoi Group said, «We are extremely pleased to have been selected by the Qatar General Insurance and Reinsurance Company to assist them in the design and management of these two projects and we look forward to bringing the Oberoi hospitality to the Qatar market.»

Nevertheless, reinsurance companies, like Munich Re, are very concerned about the impacts of global warming, and I don't think you can even buy hurricane insurance in some parts of Florida anymore.

Additional support is coming from the Willis Research Network, a scientific group based in Great Britain that is financed by the Willis Group, an international reinsurance agency; and the Research Partnership to Secure Energy for America, a nonprofit consortium of energy companies and the U.S. Department of Energy.

Global reinsurance companies are making billions in profits, in part by selling new kinds of protection schemes to developing countries that have done almost nothing to create the climate crisis, but whose infrastructure is intensely vulnerable to its impacts.8

This global structure is common in reinsurance, where a collaboration among insurance companies insures against major catastrophies that might bankrupt an individual company.

According to an article in National Underwriter, reinsurance giant Swiss RE expects that a wave of lawsuits relating to climate change is going to hit in the next few years and that it will be similar to the mountain of lawsuits companies faced due to asbestos.

Munich Re, the world's largest reinsurance company, joined the University of Colorado at Boulder in organizing the event, which brought together more than 30 experts in the fields of climatology and disaster analysis to discuss the causes of rising economic and human losses due to natural disasters.

With more than 20 years experience working in insurance, reinsurance, broking and assistance services companies, Pierre - Etienne brings with him in - depth knowledge of corporate and M&A transactions, as well as regulation and compliance issues in the sector.

BNP Paribas in the extension of the US$ 28 million loan facility under a facility agreement made between, among others, Shunkhlai LLC as borrower and BNP Paribas as agent, including the assignment of the reinsurances in relation to the Shunkhlai group companies

Rhonda Tobin has represented insurance companies for almost 30 years in litigation of disputes involving insurance and reinsurance coverage, insurance bad faith and extracontractual liability, and professional liability.

The group's attorneys represent ship owners, terminal operators, underwriters, cruise lines, trucking companies, vessel manufacturers and more, in a wide variety of marine and inland marine litigation including catastrophic loss, marine insurance and reinsurance, Jones Act, cargo recovery, and other matters.