Noun
One who gives reinsurance.
Source: Webster's dictionaryHere, just under half the attendees thought the reinsurer would be bound to provide reinsurance coverage, but Palomo said the presence of the pandemic exclusion in the reinsurance agreement is the controlling factor. Source: Internet
Grinnell Mutual, in business since 1909, is the 110th-largest property casualty insurance company in the United States and the largest primary reinsurer of farm mutual companies in North America. Source: Internet
We completed our first U.S. transaction, launched our Bermudian reinsurer and now, subject to regulatory approval, have new shareholders supporting further growth of the business,” said Will Bridger, CEO, Compre. Source: Internet
Chief executive of Latevo International Andrew Trotter said his company had been told by its reinsurer that it would be paid for its first three claims and was currently finalising the formalities for payment to proceed. Source: Internet
ILS manager Hudson Structured is set to buy some of the subsidiaries of Scottish Re, as the life reinsurer commences chapter 11 bankruptcy proceedings covering its Cayman Island entity and associated subsidiaries. Source: Internet
The Bermuda-based specialty insurer and reinsurer announced in November that Watson was “retiring” after the U.S. Securities and Exchange Commission moved to investigate the company’s disclosures about executive compensation. Source: Internet