Fairfax's insurance and
reinsurance companies operate on a decentralized basis, with autonomous management teams applying a focused underwriting strategy to their markets.
Solvency II is the new region - wide supervisory framework for insurance and
reinsurance companies operating in the European Union.
Not exact matches
While Berkshire remains best known for insurance and
reinsurance, that sector now generates only about one - fourth of
operating results as the
company has diversified.
Willis Group Holdings Plc
operates as a holding
company that through its subsidiaries provides insurance brokerage,
reinsurance and consulting services to its clients worldwide.
The
company operates its business through two segments: Insurance and
Reinsurance.
The Dubai - based
company will
operate in the capacity of providing
reinsurance to the leading insurance
companies and probably rush into managing their contacts across the insurance industry.
Risk transference — by undertaking a
reinsurance deal an insurance
company can trade off aspects of the risks involved, possibly in cases where some of the risk does not fall directly into the normal areas of
operating expertise or where the risk is too great for the insurance
company to comfortably meet its obligations under a policy should a claim be made against it.
RBC Insurance, through its
operating entities, including RBC Life Insurance
Company, provides a wide range of creditor, life, health, travel, home, auto and
reinsurance products to more than five million North American customers.
1) There were 62 insurance
companies operating in India by end of Mar - 2017, out of which 24 are in life insurance business, 23 general insurance, 6 in health insuranceonly and 9 are
reinsurance companies including foreign reinsurers including Lloyds India.
Other things that play an important role in pricing of term plans include the
operating cost structure of the
company, profit margins,
reinsurance arrangements, intermediaries involved etc etc..