How To Use Reinsure In A Sentence
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Insurers and reinsurers had never considered terrorism when pricing their premiums.
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The third would have the government "reinsure" some mortgage investments that are already guaranteed by private insurers.
Geithner wants housing finance overhaul bill in 2 years
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Insurance companies are also slugging it out with their reinsurers (report, page 40).
Times, Sunday Times
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Other times it is simply an economic view of an industry or product where we insure or reinsure risks.
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Such a term will protect the reinsurer against the risk that no underwriting judgment is made at all in relation to any particular policy.
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Insurers and reinsurers across the Continent may face claims as high as $3 billion, and that could mean higher premiums for both corporate and personal policyholders next year.
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The Reinsurers received almost two thirds of the whole premium for reinsuring only part of the risk.
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Property insurance and business interruption insurance have been the hardest hit, but employer liability insurance is also increasing as insurers are finding it harder to reinsure certain risks.
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The risks were widely reinsured across of pool of insurers.
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It is difficult to see how such cover can work at all if a fronting company alone is the reinsured.
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The German player also seeks to reinsure the treaty by tying in the Swedish matter because he cannot rely on Russian compliance simply because the deal is good for both countries; that is, he must protect against fools as well as dastards.
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They could be in for nasty surprises because of direct exposure or the miscalculation of the quantities that they have reinsured, he said.
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Have the government take its task of social insurance seriously, and reinsure private insurers and HMOs: construct a 'premium rebate' pool to pay annual health-care bills over $50,000.
Health Insurance Idea, Arnold Kling | EconLog | Library of Economics and Liberty
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They bought cover, often through bulk contracts off the big insurance giants, who in turn reinsured their risk elsewhere.
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A reinsurer could, of course, make a special contract with an insurer and agree only to reinsure some of the risks covered by the policy of insurance, leaving the insurer to bear the full cost of the other risks.
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Frequent mishaps, like the recent collision of an aerobridge with an aircraft, have made reinsurers wary.
India News Digest: RIL Scraps Oil Exports to Iran
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Like many retail insurers, they offer a custom package direct to buyers which is reinsured through a larger firm.
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It is not for nothing that the laws of the land prescribe a minimal portion of the insurance business to be compulsorily reinsured with another insurer/reinsurer.
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And Lloyd's of London announced it would not insure or reinsure petroleum shipments going into Iran.
European oil companies pledge to end oil investment in Iran over nukes program
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Subtracting the amount reinsured, this company's net exposure on insurance written is $636 billion.
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The claimant reinsured the risks under those layers with various retrocessionaires.
Times, Sunday Times
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The judge held that the reinsurers could not withhold approval unless there were reasonable grounds for doing so.
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Effectively, the insurer and reinsured have agreed that such information is immaterial.
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An insurance company needs to reinsure its clients to minimize losses in case of incidents which result in claims.
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However, now government involvement would also morph into an explicit guarantee to reinsure private label mortgages.
Michael Pento: Geithner's Failed Makeover
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The transaction known as "retrocession" means that Swiss Re transfers the business to another reinsurer - Berkshire Hathaway.
Fore, right!
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Most insurance companies, Rosemary says, make sure that as a matter of course they reinsure their risks.
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Reinsurers, which help protect primary carriers such as Allianz SE and Axa SA against the cost of major claims from disasters such as hurricanes and earthquakes, limit their own risks by selling parts of them to other reinsurers in a process known as retrocession.
BusinessWeek.com -- Top News
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The U.S. government responded in 2002 by making the offer of terrorism coverage mandatory in most property-insurance contracts, and agreed to reinsure the risk.
Weaning Insurers Off 9/11 Support
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In turn health insurers must be able to reinsure their catastrophic risk at an appropriate level in financially sound markets.
Health Insurance Idea, Arnold Kling | EconLog | Library of Economics and Liberty
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The transaction known as "retrocession" means that Swiss Re transfers the business to another reinsurer _ Berkshire Hathaway.
WTOP / Business / Biz Stories
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But in each case the whole of the risk was reinsured through the London market so that neither Colombian insurer retained any part of the risk themselves.
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The other companies are telling us they will reinsure us.
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The new law allows nonprofit organizations to "reinsure" charitable gift annuities in contrast to having to maintain a reserve fund, which in the past was the way gift annuities were "backed.
National Business News - Local Business News | bizjournals
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And some of them may not even want to reinsure businesses in Australia and New Zealand," Mr. O'Halloran added.
QBE's Profit Falls 17% as Catastrophes Climb
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Data on the number of charities with distressed reserve funds are hard to come by, but insurance consultants report an increased number of groups seeking to "reinsure" their obligations with outside firms.
Donors Find
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They only reinsures about 0.05% of its policies.
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Insurers are nervous, too, because they don't know for sure that their reinsurers will make good on claims.
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If reinsurers receive further adverse experience on political risk, they may withdraw their support for this class.
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Do you "reinsure" annuity contracts with insurance companies?
Donors Find
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The industry reinsures mostly in South Africa and Europe at the moment.
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The reinsurers aid insurers to spread their costs.
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The main problems that could affect Ireland are the twin impact of the cost of reinsurance and insolvency among reinsurers.
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They wish to be reinsured by the states because of the risk for them to suffer heavy financial losses.
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In addition, the Philadelphia health insurer said it will invest $400 million over 12 months in what it called additional capital to reinsure and support the newly acquired business.
Cigna to Buy Regional Health Insurer
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The Obama tax proposals don't include a plan to limit foreign insurers' ability to reinsure their own policies -- a practice some congressional Democrats allege is done to avoid U.S. taxes.
