Sentences with phrase «from reinsurance companies»

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.
• 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.
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.
Here's one from this post: Is there a reason why life reinsurance companies are better positioned then life insurers?
But the minute you hear the words «reinsurance facility» from your insurance company, you need to be aware you're probably getting charged more and should verify your coverage.
Leave it to that classy company to write off the whole thing, which implies bad things for MBIA as it relies on reinsurance from Channel Re, which it also partially owns.
3) Away from that, PartnerRe, one of my favorite companies, has written off its entire stake in Channel Re, which provided reinsurance to MBIA.
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.
The Bermuda operation provides reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its Bermuda office and reinsurance to the United Kingdom and European markets through its UK branch and Ireland Re.
He is far from alone, this is a giant industry led by reinsurance companies trying to place their bets properly, and, needless to say, getting repeatedly burned; who can ever calculate the likelihood of Libyas or Fukushimas — and even if you can it is the particular modalities of the unfolding event rather than the occurrence of the event itself that determine the impact and outcome.
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.
But if those companies do that, they should not expect to buy reinsurance from the world's biggest reinsurers.
In - house lawyers will be available from ArcelorMittal Dofasco, BASF Canada, Blue Ant Media, BMO Financial Group, Bruce Power, Capital One, CIBC, Cineplex, Deloitte, Eckler, First National, Home Depot, Indigo, Interac, Manulife, Munich Reinsurance Company of Canada, Nissan Canada, Ontario Power Generation, Ryerson University, Sick Kids Hospital, SunLife, TD Bank and Thomson Reuters.
This is also evident from the flexible models that the local regulator has sought to introduce over the years in relation to insurance, including protected cell companies, incorporated cell companies, securitisation cell companies and reinsurance special purpose vehicles, amongst others.
Reinsurance — Insurance purchased by one insurance company from another that helps cover higher risk policies.
Reinsurance is commonly used by insurance companies to offset the risk of major insurance risks on large policies, it works by either combining insurance offerings from many companies or for one insurer to take the whole risk and then sell on the risk to one or more other companies in the form of additional insurance policies.
Currently, the majority of the reinsurance needed to protect U.S. consumers and businesses from events that rock the national insurance industry comes from foreign reinsurance companies.
Speaking of reinsurance, no reinsurance company would want to cover the risk of an entire city being wiped from the map by a single event.
But the minute you hear the words «reinsurance facility» from your insurance company, you need to be aware you're probably getting charged more and should verify your coverage.
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If the company is reaching an amount of exposure (worst case total claims payout from an event) that's beyond their claims reserve or their reinsurance coverage, they change whether or not they're writing certain types of new business, including windstorm coverage.
Many general insurers, including the leading marine hull insurer Oriental Insurance Company, last year got reinsurance for marine hull policies done from international reinsurers.
Today, Bitspark announced that it received funding from RGAx, the innovation accelerator of Reinsurance Group of America, Incorporated, one of the world's largest life reinsurance companies headquartered in St. Louis, Missouri, UniReinsurance Group of America, Incorporated, one of the world's largest life reinsurance companies headquartered in St. Louis, Missouri, Unireinsurance companies headquartered in St. Louis, Missouri, United States.
Hong Kong's Bitspark, a blockchain solutions company to the remittance industry announced that it received funding from RGAx, the innovation accelerator of Reinsurance Group of America (RGA).
In a decision that aligns with arguments by NAR and other industry groups, the court said the CFPB incorrectly levied a $ 109 million fine on a mortgage company, PHH Corp., for entering into an arrangement with mortgage insurers to refer customers to them if they bought reinsurance from PHH - affiliated reinsurers.
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