Sentences with phrase «from reinsurers»

Acting for a UK captive of AstraZeneca seeking recoveries from reinsurers in respect of legal costs incurred in defending the US Seroquel product liability group action involving 30,000 plaintiffs.

In a crisis, where prompt payment from reinsurers is needed, a high degree of reinsurance receivables from low rated insurers could result in ratings downgrades, and possibly insolvency.

In view of limited capacity from reinsurers and the volatility of the markets that make hedging very costly, «it would be reprehensible if the companies kept on selling without making changes,» Boros adds.

Warren Buffett's Berkshire Hathaway is seeking up to $ US1 billion in damages from reinsurer Swiss Re in a dispute over a life insurance deal...

This is retroactive reinsurance, where an insurer purchases insurance from a reinsurer to cover business previously written.

Representing reinsured in attempt to enforce arbitration agreement and recover from reinsurer its portion of overcharges of workers» compensation insurance premiums.

As an example, if a company applies for a large insurance policy equaling $ 20 million and an insurance company is only able to cover a single loss up to $ 10 million, the insurer will purchase additional insurance from a reinsurer for the remaining $ 10 million to adequately cover the applicants $ 20 million request.

Not exact matches

Germany's Munich Re warned it could miss its profit target this year, the first major reinsurer to flag a hit to earnings from damage caused by the storms.

The world's second - largest reinsurer, Swiss Re, reported first - half net profit had slipped 35 percent after claims from natural disasters, falling prices and a resulting cutback in its business.

Old reinsurers tagged with claims from the catastrophe resemble Lloyd's syndicates with open years that they can't close, because the claims have not settled, or the claims impair their capital.

I replied, «Under ordinary circumstances, I would agree, but the reinsurer has taken a significant loss from this treaty.»

As of December 31, estimated amounts receivable related to these contracts from two external reinsurers, were as follows (in millions):

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.

But if those companies do that, they should not expect to buy reinsurance from the world's biggest reinsurers.

Reinsurers face the challenge of multiple jurisdictions that have sustained losses resulting from Irma, José and Maria in particular.

The claim arises in relation to loss adjusting services provided to reinsurers of the losses from the Christchurch, NZ earthquakes in 2010 - 11.

Advising Bermudan marine and energy reinsurers on losses arising from the Macondo oil spill («Deepwater Horizon») and from the total loss of the Costa Concordia in respect of London JELC arbitration disputes under Industry Loss Warranty products provided by hedge fund capital market transactions.

These changes have permitted foreign joint venture partners to increase their holdings from 26 % to 49 % and also permitted foreign reinsurers to establish branch offices in India.

As such, reinsurers and stop - loss insurers may obtain protected health information from covered entities.

A release from Munich Reinsurers said not only did 26 percent of the attendees disagree with the classification, another 18 percent mentioned their companies hadn't even installed underwriting guidelines for vapers because of the lack in information.

According to the sigma study from global reinsurer Swiss Re, India's insurance penetration fell to 3.3 % in FY15, compared to 3.9 % in FY14.

The common Third Party Administrators (TPA) that would be operational from January 1, 2014 will see the four public general insurers, New India Assurance, Oriental Insurance, National Insurance and United India Insurance and reinsurer General Insurance Corporation of India (GIC) as stakeholders.

This TPA, expected to be operational from January 1, 2014, would have the four public general insurers — New India Assurance, Oriental Insurance, National Insurance and United India Insurance and reinsurer General Insurance Corporation of India (GIC)-- as stakeholders.

Many general insurers, including the leading marine hull insurer Oriental Insurance Company, last year got reinsurance for marine hull policies done from international reinsurers.

Typical duties listed on an Underwriter resume sample include assessing risks, finding out information from policyholders, preparing quotes, sharing risks with reinsurers, writing policies, and updating records.

* Multiple life insurance underwriting certifications including certificates from major Reinsurers.

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.