Sentences with phrase «reinsurance company has»

What happens when an insurance or a reinsurance company has issued more coverage than they can realistically cover (AIG?)
This international reinsurance company has a current dividend yield of 5.53 %, paid annually.
The Mediterranean Insurance & Reinsurance Company v Collins Acting as sole counsel for the Liquidators of an insurance and reinsurance company on a claim for breach of fiduciary duty through check fraud.
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.
Recently Five major European insurance and reinsurance companies have partnered on a new blockchain initiative, excellent move!

Not exact matches

Other Berkshire companies that would make the Fortune 500 include BNSF railroad, Berkshire Energy, Berkshire Hathaway Reinsurance Group, and McLane Company.
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.
The rules directly affect companies who have cross-border transactions with related firms for reinsurance, a term for the method by which insurance risk is spread around by insuring the insurers.
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.
He wants to know why Berkshire has significantly sold down their holdings in Munich Re, which is the world biggest reinsurance company based in Germany while sticking with their reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and reinsurance company based in Germany while sticking with their reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and reinsurance operations within Berkshire, like Berkshire Hathaway Reinsurance, and Reinsurance, and General Re?
Would you reduce exposure to Berkshire Hathaway Reinsurance and General Re if they were listed companies?
Historically the company has done a solid job of generating profit through both its reinsurance platform and investment portfolio, which is headed by Mr. Einhorn.
This week we ran a screen to identify reinsurance companies that had above average (15 % for the industry) return on equity in 2013.
Mr. Jiwan has served on numerous boards of directors and advisors, including: (i) Future Finance Loan Corporation, a European private student lender that has helped students at over 130 universities fund their education, where Mr. Jiwan is a co-founder and non-executive Chairman; (ii) BFRE, a Brazilian private real estate finance company, which was subsequently sold to affiliates of BTG Pactual; (iii) GP Investimentos, one of Latin America's leading private equity firms, where he served on its shareholder advisory board; (iv) NewPoint Re, a Bermuda - based reinsurance business; and (v) Kaletra QD product development program with Abbott Pharmaceuticals, where he served on the Joint Oversight Committee.
The earthquakes in New Zealand and Japan have increased volatility in the shares of PartnerRe, a Bermuda - based reinsurance company.
We have already mentioned PartnerRe, the reinsurance company, in the opening section.
With an economy that relies heavily on international insurance, reinsurance and tourism, the global economic slowdown has impacted the company significantly.
Better understanding of how climate affects tornado activity can help to predict tornado activity in the short - term, a month, or even a year in advance, and would be a major aid to insurance and reinsurance companies in assessing the risks posed by outbreaks.
Based on the Company's investigation to date into this matter, the Company has concluded that there was a verbal side agreement with respect to one of the Company's reinsurers under its catastrophic reinsurance program, which has accounting implications that may impact previously reported financial statements.
I have met the CEO and CFO of RGA, and I think they know what they are doing, more than all of the other companies that do life reinsurance.
Many major US companies had significant reinsurance operations.
Highly rated renters insurance in South Carolina means that even if there's a hurricane loss that impacts a broad swath of the state, you'll be able to get your claim paid by the company because they have enough money and / or enough reinsurance to make sure of that.
3) Away from that, PartnerRe, one of my favorite companies, has written off its entire stake in Channel Re, which provided reinsurance to MBIA.
I have worked on life reinsurance issues at all of the life companies that I have worked with, or consulted for, but it is not my specialty.
John didn't have much to say to that, so he bid Brent adieu for the moment, and bumped into Henry Goldsmith, who was the head of Mega's Bermuda P&C reinsurance company.
This company has a big moat; it's part of the life reinsurance oligopoly.
Because of its risk management policies and procedures, diversification and reinsurance, the Company believes that the occurrence of an event that would significantly adversely affect liquidity is unlikely.
Like Haven Life, Ethos has high - quality backing by some of the largest insurance companies, including Munich Reinsurance America, Aon, Assurity, and RGA.
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.
Bankers Life Insurance Company's strategic use of reinsurance to reduce liability and add capital and surplus, as well as its commitment to disciplined management of company expenses, has positioned this insurance carrier to continue growing its business for years tCompany's strategic use of reinsurance to reduce liability and add capital and surplus, as well as its commitment to disciplined management of company expenses, has positioned this insurance carrier to continue growing its business for years tcompany expenses, has positioned this insurance carrier to continue growing its business for years to come.
Reinsurance spreads out risk so a company doesn't have the entire burden alone, and if a company goes bankrupt, they aren't fully on the hook.
First, life insurance companies have reinsurance — insurance for insurance companies.
P.R.S. Oberoi, executive chairman, The Oberoi Group said, «We are extremely pleased to have been selected by the Qatar General Insurance and Reinsurance Company to assist them in the design and management of these two projects and we look forward to bringing the Oberoi hospitality to the Qatar market.»
I would have thought the reinsurance bodies at least would want some way of checking whether companies were using reliable information when estimating risks and setting premiums.
So, too, is Moody's Investors Service, which has several times downgraded the creditworthiness of some of the world's leading reinsurance companies over the last six years.
Big insurance — especially reinsurancecompanies have a lot to gain if people are scared by something which, the company knows — is extremely unlikely to happen...
Global reinsurance companies are making billions in profits, in part by selling new kinds of protection schemes to developing countries that have done almost nothing to create the climate crisis, but whose infrastructure is intensely vulnerable to its impacts.8
Our clients have included a broad range of industry participants such as U.S. and foreign insurance and reinsurance companies and special purpose vehicles, agents and brokers, investment banks, service providers, investors, service contract providers, high net worth individuals and policyholders.
Rhonda Tobin has represented insurance companies for almost 30 years in litigation of disputes involving insurance and reinsurance coverage, insurance bad faith and extracontractual liability, and professional liability.
In this case, we wanted to show that «Washto,» a reinsurance company, had created a subsidiary into which it had placed many of its bad investments.
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.
This reinsurance facility is a way for carriers to share the risk of those policies where the risk is unacceptable to the company or the pricing of the risk would be inadequate.
A subsidiary of HDFC Ltd, HDFC Life has successfully set up HDFC International Life and Reinsurance Company Ltd (or HILRCL) at Dubai International Finance Centre with USD 12.33 Million as the initial capital.
Reinsurance (essentially insurance for insurance companies) and government - mandated minimum cash reserves guarantee that life insurance companies always have enough money on hand to meet their financial obligations (i.e., paying death benefits).
Reinsurance spreads out risk so a company doesn't have the entire burden alone, and if a company goes bankrupt, they aren't fully on the hook.
The premiums payments are split between the insurance company and the reinsurance company (probably unbeknownst to you) and if you were to die, both companies would pay $ 500,000 rather than one company paying the full million.
Reinsurance reduces the liability a single company has by spreading the risk out among multiple companies.
That means if a life insurance company wants to grow, they essentially have to have reinsurance.
Tata AIG and similar companies are reinsurance driven and have the ability to do the underwritings.
Global Reinsurance Corporation — U.S. Branch is a Fire & Casualty insurance company and has assets of $ 266,643,129, capital of $ 0, and net surplus of $ 45,020,466.
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