Definition, Betydelse & Synonymer | Engelska ordet REINSURANCE

Definition av REINSURANCE

1. återförsäkring

Exempel på hur man kan använda REINSURANCE i en mening

• Bermuda now has the fourth highest per capita income in the world, primarily fueled by offshore financial services for non-resident firms, especially offshore insurance and reinsurance, and tourism.
• The business underwritten at Lloyd's is predominantly general insurance and reinsurance, although a small amount of term life insurance is written.
• Members of the CAS are employed by insurance companies, reinsurance companies, insurance brokers, educational institutions, ratemaking organizations, state insurance departments, the federal government, independent consulting firms, and non-traditional employers.
• The company is not just a society for those related to insurance and reinsurance but it also supports general charities and the education of students studying in the insurance field, and assists the relief of members, retired members or members suffering hardship, and the wives, widows, children, orphans and others depending upon them.
• Similarly to the fire of Hamburg in 1842, which led to the foundation of the first professional reinsurers in Germany, the fire of Glarus made Swiss insurers demand more reinsurance coverage against catastrophic loss.
• The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company.
• As the offshore domicile of many foreign companies, Bermuda has a highly developed international business economy; it is an exporter of financial services, primarily insurance, reinsurance, investment funds, and special-purpose vehicles.
• Members of the Executive Board: Jean-Jacques Henchoz (CEO), Clemens Jungsthöfel (CFO), Sven Althoff (Property & Casualty reinsurance), Sharon Ooi (Property & Casualty reinsurance), Michael Pickel (Property & Casualty reinsurance), Silke Sehm (Property & Casualty reinsurance), Claude Chèvre (Life & Health reinsurance), Dr.
• He attributed the HIH company failures to rapid expansion, unsupervised delegation of authority, extensive and complex reinsurance arrangements, under-pricing, reserve problems, false reports, reckless management, incompetence, fraud, greed, and self-dealing.
• In addition, the insurance, reinsurance and investment management companies in the General Re group include: Gen Re Intermediaries, NEAM, General Star, Genesis, USAU and Faraday.
• Starting from 1940 the company was involved in Allianz' insurance business with the SS: Munich Re served as reinsurance company for contracts insuring the barracks and operations in the concentration and extermination camps Auschwitz, Buchenwald, Dachau, Neuengamme, Ravensbrück, Sachsenhausen and Stutthof.
• As with the traditional forms of insurance, reinsurance of a takaful operation may be used, known as "retakaful".
• As chairman of the New England Governors' Conference, he called for a uniform nationwide unemployment insurance tax, either through "federalization of the program or some form of federal reinsurance".
• In the more typical reinsurance arrangement, the reinsurer has an obligation to indemnify the ceding insurer, which remains liable for claims on policies it has issued, and policyholders' approval is not required.
• Professionally, Wolter was involved from 1986 to 1995 successively in the fields of captive reinsurance management, fiduciary management and professional reinsurance.
• In order to make reinsurance affordable, a reinsurer cannot duplicate costly insurer underwriting and claim handling costs, and must rely on an insurer's absolute transparency and candor.
• The notion of securitizing catastrophe risks became prominent in the aftermath of Hurricane Andrew, notably in work published by Richard Sandor, Kenneth Froot, and a group of professors at the Wharton School who were seeking vehicles to bring more risk-bearing capacity to the catastrophe reinsurance market.
• A major sector of alternative risk transfer activity is risk securitization including catastrophe bonds and reinsurance sidecars.

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