Resources

1359 Resources for

reinsurance

  • Subscribe to this listing via:
  • RSS
  • Email

BNET Business Dictionary

Reinsurance
a method of reducing risk by transferring all or part of an insurance policy to another insurer
Reinsurance definition on BNET »

BNET Resources

Allstate Reports 2008 Third Quarter Results
Catastrophe Losses and Investment Valuation Declines Partially Offset by On-going Risk Mitigation Actions NORTHBROOK, Ill. -- The Allstate Corporation (NYSE: ALL): * Catastrophe losses of $1.8 billion, including losses from Hurricanes Ike and Gustav, were partially mitigated by exposure reduction actions and reinsurance. * Pre-tax net realized...
Tags: Allstate Corp., asset, catastrophe, Company, equity, FINANCE, financial, GAAP, impairment, income, insurance, Investment, liquidity, reinsurance, SECURITY, valuation
Research articles 2008-10-22
Dems support cat fund
The Democratic Party adopted on the first day of its August convention a platform that calls for the creation of a national catastrophe fund. An advocate for the program, ProtectingAmeriea.org, claims the move was a first for a major political party. The group also supports the Homeowners' Defense Act of...
Tags: catastrophe, Democratic Party, Insurance, reinsurance
Research articles 2008-10-01
XL Capital to Host Global Risk Forum with Gen. Colin Powell, Sen. George Mitchell, Other Prominent Public Figures
HAMILTON, Bermuda -- XL Capital: * Event to examine financial, security, climate, and social risks, with recent market turbulence being heavily featured * Reporters and editors invited; potential for interviews with some panelists and attendees Who: XL Capital Ltd (NYSE: XL) - the leading provider of global...
Tags: Bermuda, FINANCE, Insurance, Leadership, reinsurance, U.S. Congress
Research articles 2008-09-30
Flagstone Re to Present at the 2008 Lehman Brothers Financial Services Conference
HAMILTON, Bermuda -- Flagstone Reinsurance Holdings Limited (NYSE:FSR) announced today that James O'Shaughnessy, the Company's Chief Financial Officer, will be presenting at the 2008 Lehman Brothers Financial Services Conference at the Hilton New York Hotel, New York City on September 9th, 2008 at 8:15am EDT. Slides from the presentation,...
Tags: Bermuda, conference, FINANCE, Hilton Hotels Corp., Insurance, INTERNET, Lehman Brothers Inc., reinsurance
Research articles 2008-09-02
Munich Re America Hosts 2008 Casualty Claims Seminar at the University of Wisconsin to Address Projected Shortage of Experienced Claims Adjusters
PRINCETON, N.J. -- Munich Reinsurance America MRAm hosted a two-day seminar last week aimed at addressing a projected critical shortage of experienced claims adjusters. "The loss of experienced adjusters due to retirements and the difficulty in attracting and retaining new claims talent continues to be one of our industry's greatest...
Tags: FINANCE, Insurance, Munich, reinsurance, University of Wisconsin
Research articles 2008-08-26
Quality of Property Catastrophe Data Impacts Reinsurance Pricing
Ernst & Young LLP releases survey of reinsurers NEW YORK -- When it comes to their ability to underwrite property catastrophe exposure, the biggest concern among reinsurers is quality of cedant data, according to Ernst & Young LLP's 2008 Catastrophe Exposure Data Quality Survey. In fact, the study found...
Tags: Databases, Ernst & Young LLP, FINANCE, Insurance, reinsurance, SOFTWARE
Research articles 2008-08-25
CIGNA Reports Second Quarter 2008 Results
PHILADELPHIA -- CIGNA Corporation (NYSE:CI): * Net income was $0.97 per share(1) in the quarter, which included gains from the Guaranteed Minimum Income Benefits GMIB business(2) of $0.12 per share(1), and a special item(3) charge of $0.18 per share(1) related to a litigation matter. * Adjusted income from...
Tags: Benefits, CIGNA Corp., Company, earnings, FINANCE, HEALTHCARE, income, reinsurance, SOFTWARE
Research articles 2008-08-01
Reinsurance group Swiss Re's first quarter profit falls
ZURICH AFP — Swiss Re, the world's largest reinsurance group, on Tuesday said its first quarter profits were halved, blaming recent market turmoil and losses on its structured credit default swap CDS portfolio. The group also reported fresh writedowns of 819 million Swiss francs, sending its shares sharply lower....
Tags: Agence France-Presse, FINANCE, Insurance, reinsurance
Research articles 2008-05-06
Jay Bullock Appointed CFO of Argo Group
HAMILTON, Bermuda -- Argo Group International Holdings Ltd., (Nasdaq GS: AGII), an international underwriter of specialty insurance and reinsurance products in niche areas of the property and casualty market, today announced that Jay S. Bullock will join Argo Group as chief financial officer. Mr. Bullock, 43, will be based...
Tags: Bear Stearns & Co. Inc., Bermuda, casualty, CFO, FINANCE, Insurance, Investment, reinsurance, underwriter
Research articles 2008-05-05
Swiss Re first quarter profit down 53 percent
ZURICH AFP — Swiss Re, the world's largest reinsurance group, on Tuesday said first quarter net profit fell 53 percent year-on-year to 624 million Swiss francs (382.61 million euros/ 593.86 million dollars). "The reduction in profit was attributable to the continuing turmoil in the financial markets and the resulting...
Tags: Agence France-Presse, FINANCE, Insurance, reinsurance, Zurich
Research articles 2008-05-05
Cigna's earnings tumble 80 percent
Cigna Corp.'s first-quarter earnings fell a startling 80 percent, to $58 million from $289 million in the year-earlier period. Most of the $231 million drop - $131 million - stemmed from Securities and Exchange Commission rules over how the Philadelphia insurer must count losses from its fading reinsurance business. But...
Tags: Benefits, CIGNA Corp., earnings, FINANCE, HEALTHCARE, Insurance, reinsurance
Research articles 2008-05-02
AXIS Reinsurance Company Approved By U.S. Treasury as Acceptable Surety on Federal Bonds
PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that AXIS Reinsurance Company, one of its U.S. operating subsidiaries, has been added to the U.S. Department of the Treasury's Listing of Acceptable Sureties on Federal Bonds effective April 7, 2008. The U.S. Treasury certification of...
Tags: Axis, Bermuda, bond, FINANCE, Insurance, Investment, reinsurance, U.S. Department of Treasury
Research articles 2008-04-17
FMG Acquisition Corp. to Merge with United Insurance Holdings, a Florida P&C Insurance Company with 2007 Revenues of $112.6 Million and Pre-Tax Income of $47.9 Million
Highlights Merger consideration: United owners to receive $95 million of consideration comprised of $25 million in cash and 8.75 million shares * Earn-out provision of up to $5 million in cash if 12 month or calendar 2009 net income exceeds $25 million * No external financing required...
Tags: Bulldog, Company, FINANCE, Florida, Insurance, Investment, merger, reinsurance, SEC
Research articles 2008-04-02
SOLN, TMLN, ADBRF, BCEKF, BFLDY, IHLDY Have Also Been Removed From Naked Short List Today.
M2 PRESSWIRE-26 March 2008-BUYINS.NET: SOLN, TMLN, ADBRF, BCEKF, BFLDY, IHLDY Have Also Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:26032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked...
Tags: FINANCE, Insurance, Investment, Kansas, patent, reinsurance, SEC, stock
Research articles 2008-03-26
ACE Limited Announces Proposed Re-Domestication of Holding Company from Cayman Islands to Switzerland
HAMILTON, Bermuda -- ACE Limited (NYSE:ACE) announced today that its board of directors has approved a re-domestication of the Company to move its place of incorporation from the Cayman Islands to Zurich, Switzerland. ACE's shareholders will be asked to vote in favor of the proposal at ACE's Annual General Meeting,...
Tags: Bermuda, Company, FINANCE, financial, Insurance, Readers, reinsurance, SEC, security, shareholder, Switzerland, Zurich
Research articles 2008-03-19
CastlePoint Holdings to Terminate Its Resale Shelf Registration Statement
HAMILTON, Bermuda -- CastlePoint Holdings, Ltd. (Nasdaq:CPHL)("CastlePoint" or the "Company") today announced that it plans to file on or about March 7, 2008 a post-effective amendment to deregister the securities remaining unsold under its currently effective resale registration statement on Form S-1 filed with the SEC (File No. 333-134628). ...
Tags: Company, Insurance, reinsurance, resale, SEC
Research articles 2008-03-06
CARN, NVDF, CPNCW, ZVUEW, CVSC, BFLDY Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-6 March 2008-BUYINS.NET: CARN, NVDF, CPNCW, ZVUEW, CVSC, BFLDY Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:06032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked...
Tags: Calpine Corp., Company, FINANCE, Insurance, Investment, Nasdaq Stock Market Inc., NYSE Euronext, reinsurance, stock, ZVUE Corp.
Research articles 2008-03-06
Industry risk report insurance
INDUSTRY RISK REPORT INSURANCE Besides having to negotiate the regulatory sand traps the industry arguably dug for itself, insurance companies now have to protect themselves against the credit vulnerabilities found not only on their clients' balance sheets but in their own investment portfolios. As with any we company, management...
Tags: Allstate Corp., CFO, Chubb Corp., CNA Financial Corp., Fidelity Investments, FINANCE, financial, Insurance, Loews Corp., reinsurance, VP
Research articles 2008-03-01
Senator forecasts cloudy outlook for national cat fund.(Brief article)
The U.S. Senate Banking Committee will devote hearings late this spring to legislation that looks to streamline state regulation of the surplus lines and reinsurance markets, the bill's primary Republican sponsor told attendees of the 2008 Insurance Legislative Summit. [ILLUSTRATION OMITTED] ...
Tags: Insurance, reinsurance, U.S. Senate
Research articles 2008-03-01
People News in Brief.
Pitmans Trustees has strengthened its team with the appointment of manager Matthew Riley, who has previously worked at Prudential and Mercer. Andrew Appel, previously chief executive officer CEO of Aon Consulting, has taken over as CEO of global reinsurance intermediary at Aon Re...
Tags: Aon Consulting, CEO, FINANCE, Insurance, Investment, reinsurance, team
Research articles 2008-03-01
advertisement
advertisement