In 2007, the Egyptian Re-insurance
Company was merged with Egypt's Insurance Company, forming a department of re-insurance
Instead, to accept risks for coffee and other difficult commodities, niche underwriters take specific re-insurance
called "facultative re-insurance
The precise nature of Independent's re-insurance
difficulties are not known, except that the premium on a contract taken out earlier this year is said to be pounds 110 million against cover for pounds 278 million.
In an essay published a few years ago, I constructed the returns from bearing cat risk exposures over a 20-year period using historical cat re-insurance
The specialty finance sector includes equipment rental/leasing companies, specialty insurance and re-insurance
companies, and other finance companies specializing in areas such as payday lending, title lending, and mortgage lending.
Uganda's first re-insurance
company has been launched amidst plans to list on the Uganda Securities Exchange within the first two years of the company's existence.
The Brazilian government's National Development Bank, BNDES, has released details of its planned privatisation of re-insurance
company, IRB-Brasil Re.
The firm is currently assisting several other Insurance, Re-Insurance
and Re-Takaful companies to set up in the DIFC.
On one hand it would decrease the outflow of re-insurance
business from the ECO region and on the other under the present environment of liberalization would enhance the re-insurance
business beyond the ECO region.
Arab and Tunisian experts taking part in this meeting, organised by the Tunisian Insurance Companies Federation in association with the Arab Insurance Union and the Tunisian Re-insurance
Company on the 18th-20th instant in Tunis, express, in a message sent to the Head of State, satisfaction at the special interest he takes in energising joint Arab action and his constant care to consolidate co-operation among Arab countries.
But without the 'federal backstop' of terrorism re-insurance
, Mills said, insurers would not be able to offer affordable products to insure such areas.
and Munich American Risk Partners, an affiliate of American Re-Insurance