Sentences with phrase «insurance subsidiary»

We place this warning here because we are aware that the criminals carrying out these frauds do on occasion use the name of Exide Life Insurance or an Exide Life Insurance subsidiary as part of this scam.

RiverSource Life is the primary insurance subsidiary of Ameriprise Financial, Inc..

They are the life insurance subsidiary of Health Care Service Corporation, a Mutual Legal Reserve Company and one of the largest non-investor owned health care insurance providers in the United States.

An additional service provided by the Ford Motor Company, Ford car insurance is a way to insure your new or used Ford through American Road Services, the insurance subsidiary of the Ford Motor Company.

ICICI also has a 54.9 per cent stake in listed life insurance subsidiary ICICI Prudential Life Insurance, which as of September 27, was worth Rs 31,000 crore and equals about 32.8 per cent of the bank's CET1 capital as of June 2017.

Earlier this week, State Bank of India's life insurance subsidiary, SBI Life Insurance, listed its shares on the Bombay Stock Exchange, less than a week after ICICI Lombard General Insurance (ICICI Lombard), the general insurance subsidiary of ICICI Bank did the same.

Julia - Christina Friedrich was recruited in 2014 by Hannover Re to assist in the relocation of its primary insurance subsidiary, Inter Hannover, from London to Hannover.

Nixon Peabody represented Interboro LLC in the $ 2.5 M sale of its personal automobile insurance subsidiary Maidstone Insurance Company (Maidstone Insurance) and its operations to Standard Diversified Opportunities Inc. (Standard Diversified).

Mishcon de Reya advises Sompo Japan Nipponkoa Insurance Inc on the sale of UK insurance subsidiary Canopius for $ 952m

What a business — make money on insurance, and on businesses owned by the insurance subsidiary.

The St. Paul wanted an actuary that understood how to invest life insurance assets, because they hadn't had a life insurance subsidiary in over 25 years.

The fourth shows how the notes themselves would complicate a sale of insurance subsidiary assets.

The subsidiary borrowing does not have any significant cash flow to repay, aside from dividends from its insurance subsidiary.

Here is the second weakness: they will take two - thirds of the proceeds, and give it to the life insurance subsidiary in exchange for a surplus note, with similar terms compared to the note sold.

Remember, the Maryland Insurance Administration has every reason to be conservative about making surplus note payments if the operating insurance subsidiary is under financial stress.

But then, on a whim, I decided to call AIG Investor Relations, and ask for the statutory books for every US - domiciled insurance subsidiary of AIG.

The Company's primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government - sponsored enterprises or GSEs).

So, through Colombia, an insurance subsidiary of Berkshire Hathaway, Buffett will be buying stock and also lending money.

MassMutual International LLC (MMI), MassMutual's international insurance subsidiary, currently operates businesses in Hong Kong and Japan.

Elise is now an independent director serving as Chair of EasyPark, Parking Corporation of Vancouver; and as a director of Enmax Corporation, an Albertan power utility, Great Panther Silver, an international mining company and Westland Insurance Group, an insurance brokerage with a property and casualty insurance subsidiary.

1931: Sears Roebucks notes automobile's popularity and creates Allstate auto insurance subsidiary.

Pursue tax free separations of both its life and mortgage insurance subsidiaries to create three independent public companies.

Interestingly, Buffett has recently claimed that his biggest investment mistake was purchasing his company's insurance subsidiaries through Berkshire Hathaway and not through his investment partnership.

The Cincinnati Insurance is company's standard market property casualty insurance group which owns four additional insurance subsidiaries: Cincinnati Casualty Co., Cincinnati Indemnity Co., Cincinnati Life Insurance Co., and Cincinnati Specialty Underwriters Insurance Co..

Aegon, ING, and Prudential plc all suffered by building up leverage through 2000, particularly in their US life insurance subsidiaries, and then got whacked by the combination of the bear markets in equity and credit.

[Address][Phone] 1 March 2013 Dear Mr. Buffett, Four years ago, I contacted the IR department at AIG to ask for copies of all the 2008 statutory books for all the insurance subsidiaries.

Granted, I've written on underreserving by AIG, the problems they had at their operating insurance subsidiaries during the financial crisis, which got picked up by SIGTARP.

(speaking of the holding company, not the insurance subsidiaries).

Many multiline insurers had health insurance subsidiaries.

Its rating for its life insurance subsidiaries is A + with A.M. Best, and we consider MetLife in the running for dividend paying whole life insurance despite the fact that it isn't a mutual company for a few reasons.

I met with the SIGTARP staff over the AIG bailout in June of 2010 over a paper that I wrote that exposed aspects of the weakness at the domestic insurance subsidiaries.

The declaration and payment of dividends is subject to the discretion of our board of directors, and will depend on our financial condition, results of operations, cash requirements, future prospects, regulatory restrictions on the payment of dividends and our other insurance subsidiaries and other factors deemed relevant by the board.

Most people don't get insurance accounting, so they will look at the earnings and think it looks cheap, but a lot of capital and cash flow will be trapped in the insurance subsidiaries.

The domestic insurance subsidiaries are regulated by the states, and should be solvent.

The mortagage insurers had somewhat more flexibility in their balance sheets, but if present loss rates continue for the next two years, many of their operating insurance subsidiaries will need to file a plan to remedy their impaired balance sheets.

Berkshire's core business is insurance and they have a number of wholly - owned insurance subsidiaries (GEICO is a notable one).

In 2002, Zenith's insurance subsidiaries were assigned a financial strength rating of A -(Excellent) by A.M. Best Company («A.M. Best»); Baa1 (Adequate) by Moody's Investors Service («Moody's»); BBB + (Good) by Standard & Poor's («S&P»); and A -(Strong) by Fitch Ratings («Fitch»).

Because the exact timing of the payment of claims and benefits can not be predicted with certainty, the insurance subsidiaries maintain portfolios of invested assets with varying maturities and a substantial amount of short - term investments to provide adequate cash for the payment of claims.

Our insurance subsidiaries» long - term strategic capital requirements will depend on many factors, including their accumulated statutory earnings and the relationship between their statutory capital and surplus and various elements of required capital.

Our insurance subsidiaries currently have a financial strength rating of A -(Excellent) from A.M. Best, which we believe has the most influence on our business.

We and HGI are not obligated, and may choose or be unable, to provide financing or make any capital contribution to our insurance subsidiaries.

The operating insurance subsidiaries look like they are adequately capitalized, but with that level of reinsurance, you really can't tell for sure.

A downgrade in the financial strength rating of our insurance subsidiaries could reduce the amount of business we are able to write.

5) Statutory surplus had to increase at the main P&C insurance subsidiaries, because of the acquisition of Burlington Northern.

Down in the insurance subsidiaries, companies trade away a portion of future profits for surplus today.

The practice of insurance subsidiaries issuing surplus notes to parent companies has become all too common, which allows subsidiaries to write more business at the risk that when a subsidiary becomes impaired, the domiciliary state takes it over, and the parent company gets little to nothing.

Its primary subsidiaries are insurance subsidiaries that own substantially all of its assets and conduct substantially all of its operations.

Our insurance subsidiaries cede material amounts of insurance and transfer related assets and certain liabilities to other insurance companies through reinsurance.

To support their long - term capital requirements, we and our insurance subsidiaries may need to increase or maintain their statutory capital and surplus through financings, which could include debt, equity, financing arrangements or other surplus relief transactions.

31) «Without prior regulatory approval, our principal insurance subsidiaries may declare up to approximately $ 9.5 billion as ordinary dividends before the end of 2012.»