Reinsurer in a sentence

Reinsurer Everest Re successfully raised about $1.5 billion to fund growth last month.

It can be hard, in general, to detect the magnitude of the economic loss borne by households and businesses and the loss that a particular insurer bore after the reinsurer compensated the P&C insurer.

Under this approach, the primary insurer and the reinsurer share premiums and losses in proportion to agreed-upon terms.

Grinnell Mutual, in business since 1909, is the 110th-largest property casualty insurance company in the United States and the largest primary reinsurer of farm mutual companies in North America.

Here, just under half the attendees thought the reinsurer would be bound to provide reinsurance coverage, but Palomo said the presence of the pandemic exclusion in the reinsurance agreement is the controlling factor.

Reinsurer Conduit Holdings Ltd. rose as it started trading in London after a 826 million-pound ($1.1 billion) initial public offering, the second largest by a British company on the London Stock Exchange this year.

The Bermuda-based specialty insurer and reinsurer announced in November that Watson was “retiring” after the U.S. Securities and Exchange Commission moved to investigate the company’s disclosures about executive compensation.

The findings are based on a survey of 1,000 residents in Mumbai and Bangalore by the Swiss Re Group, a global reinsurer.

We completed our first U.S. transaction, launched our Bermudian reinsurer and now, subject to regulatory approval, have new shareholders supporting further growth of the business,” said Will Bridger, CEO, Compre.

An arbitration panel ruled last week against Protector in the firm’s dispute with property reinsurer Munich Re over claims related to the fire.

From its base in Bermuda, Monument Re operates as a reinsurer and acquirer of European asset intensive portfolios.

Typically, the policy names a total claims attachment point for when claims will start being paid that seems unlikely to be hit, and the reinsurer pays proportion of the claims above that point up to a limit.

A dozen girls from Bermuda’s public school system attended the one-week camp funded by Hamilton Insurance Group, a Bermuda-based insurer and reinsurer leveraging data science and analytics to advance the science of underwriting.

Munich Re is a reinsurer, which means they don’t sell direct to consumers, but underwrite programs for insurance companies.

A reinsurer may also be a direct writer of insurance risks as well.