The New York Appellate Division, First Department affirms in an insurance coverage case that reinsurance agreements are ...
The ones still suffering are the policyholders,” said Brian Keefer, CEO of Allied Trust Insurance Company. “It is their turn now to get lower rates as the reinsurance costs soften.” ...
If your clients own life insurance or annuities with certain insurance companies that have ventured into reinsurance, they could soon be at risk for losing much of the money they’ve put in. That dire ...
Learn how prospective reinsurance contracts cover potential future losses and differ from retroactive reinsurance. Explore ...
Global supply chains are increasingly exposed to climate-related disruptions, redrawing the boundaries of what can be insured ...
Discover how extra-contractual obligations clauses in reinsurance impact insurers and reinsurers, covering expenses due to negligence, bad faith, or regulatory penalties.
Aetna, the health, medical and benefits insurance unit of CVS Health, has now secured the targeted $250 million of health care related reinsurance from ...
Reinsurance is insurance for insurance companies. If insurance is the financial first responder to disaster events, reinsurance is insurers’ shock absorber, a backstop, enabling insurers to have more ...
Facultative reinsurance and treaty reinsurance represent two distinct approaches within the reinsurance framework. Facultative reinsurance is a more tailored solution, where individual risks are ...
Global law firm Norton Rose Fulbright has expanded its Insurance Transactional and Regulatory team by appointing experienced insurance-linked securities ...
By Henry Uche mercy4henryuc@gmail.com Nigeria, touted as the giant of Africa, is literally a dwarf when its reinsurance portfolios are benchmarked against contemporaries on the continent and across ...