Sentences with phrase «giant reinsurance company»

Not exact matches

As one such example, «reinsurance company OdysseyRe of Conn., a «wholly - owned subsidiary» of Canadian insurance and investment management giant Fairfax Financial Holdings Limited», made a $ 1 million contribution to Mitt Romney's Super PAC Restore Our Future.

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.

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.

According to the Süddeutsche Zeitung, a group of 20 large German companies, led by the reinsurance giant Munich Re, and also including Siemens, Deutsche Bank and RWE, is determined to go ahead with an $ 400 billion project known as Desertec.