News

Deadly temperatures can lead to lawsuits, lost productivity and falling asset value, Swiss Re said in a new report.
Reinsurance is essentially insurance for insurers. This type of coverage transfers some of the liability to the reinsurer, lowering the risk for the primary insurer and freeing up capital for them ...
WASHINGTON, April 24 (Reuters) - A Brazilian reinsurer entered a nonprosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a ...
Excess of loss reinsurance is a type of reinsurance in which the reinsurer indemnifies–or compensates–the ceding company for losses that exceed a specified limit. A reinsurer is a company that ...
In a case stemming from a deadly Bolivian plane crash in which 71 out of 77 passengers died, a Miami judge is explaining why he decided to dismiss efforts by the survivors to recover $844 million ...
NEW DELHI, April 25 (Reuters) - Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover ...
The Reinsurer underwrote property reinsurance business between 2020 and 2023 on behalf of third-party investors, assuming the risk through retrocession agreements with a fronting carrier.
For insurers, it’s all about getting appropriately paid for risk. And for investors, reinsurer Everest Group looks like a risk worth taking.
Denton ISD has a short window of time to get new health care benefits for employees after the Texas School Health Benefits reinsurer opted not to continue coverage for more than 50 Texas school ...
The insurer has disclosed the deal in the latest annual report, explaining that the acquisition was through its wholly-owned ...
French reinsurer Scor shares slide after quarterly net income misses estimates Earnings call: ADS reports robust FY 2024 results, optimistic about growth Earnings call: Navigator Gas sails ahead ...
A reinsurance contract typically involves two companies: Ceding company (or cedent): The company (usually an insurance company) transferring some of its risk Reinsurer: The company (typically ...