Reinsurance

Reinsurance is a means by which an insurance company can protect itself against the risk of losses with other insurance companies. Individuals and corporations...

canadianunderwriter.ca - Canadian Underwriter - 10/19/2008

Oct 16, 2008
Canadian Underwriter, Canada -
State Farm scored highest in customer satisfaction among private full-coverage automotive service providers that were ranked in an inaugural customer satisfaction survey conducted by J.D. Power and Associates. Runners-up for customer service in private auto insurance included belairdirect ...

UPDATE 1-Crisis to strengthen insurers vs banks -Munich Re | Markets | Markets News | Reuters

Wednesday, October 15, 2008
Reuters -
By Christian Kraemer HAMBURG, Oct 15 (Reuters) - The credit market crisis will shift the balance of power within the finance industry towards insurers and away from banks, the Chief Executive of the world's biggest reinsurer Munich Re (MUVGn.DE:..."; ...

canadianunderwriter.ca - Canadian Underwriter - 10/15/2008

Tuesday, October 14, 2008
Canadian Underwriter, Canada -
Organizations can release working capital by reducing insurance and risk costs, while managing changing risk factors, a Marsh briefing suggests. These changing risk factors may include supplier liquidity, customer default and increasing production and transportation overheads. In ...

UPDATE 1-RenaissanceRe says Hurricanes to hurt $275 mln in Q3 | Markets | Bonds News | Reuters

Oct 1, 2008
Reuters -
Oct 1 (Reuters) - RenaissanceRe Holdings Ltd (RNR.N: Quote, Profile, Research, Stock Buzz) said it expects third-quarter results to take a $275 million hit due to Hurricanes, with a majority of the estimated losses attributable to Hurricane Ike. ...

canadianunderwriter.ca - Canadian Underwriter - 10/9/2008

Oct 6, 2008
Canadian Underwriter, Canada -
The gap in customer satisfaction reported by home insurance policyholders and auto insurance policyholders has steadily widened since 2004, JD Power and Associates reports. Homeowners insurance customer satisfaction has remained essentially flat during the past five years, ...

canadianunderwriter.ca - Canadian Underwriter - 10/9/2008

Oct 6, 2008
Canadian Underwriter, Canada -
The gap in customer satisfaction reported by home insurance policyholders and auto insurance policyholders has steadily widened since 2004, JD Power and Associates reports. Homeowners insurance customer satisfaction has remained essentially flat during the past five years, ...

Short-sale ban list expanded to include GE, GM, 28 others - MarketWatch

Sep 22, 2008
MarketWatch -
By Ruth Mantell, MarketWatch WASHINGTON (MarketWatch) -- Pushing on to shore up the markets, the list of banned short-sale stocks has been expanded to include the likes of General Electric Co., General Motors Corp. and American Express Co. ...

NYSE adds 7 companies to short-selling ban | Markets | Markets News | Reuters

Sep 25, 2008
Reuters -
Sept 26 (Reuters) - The New York Stock Exchange added seven more companies on Thursday to the list of financial institution shares that are not permitted to be shorted, ahead of Friday's market open. ...

Transatlantic considers possible ownership change | Business Insurance News, Analysis & Articles

Monday, September 29, 2008
Business Insurance, IL -
NEW YORK—Transatlantic Holdings Inc. has formed a committee of independent directors to review a possible sale of Transatlantic stock by majority shareholder American International Group Inc. The New York-based reinsurer said Monday it is evaluating proposals received from AIG ...

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