reinsurance

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reinsurance

Managed Care A type of protection purchased by HMOs or providers from insurance companies specializing in underwriting specific risks for a stipulated premium
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Surprisingly Willis, Singapore chose to route the re-insurance premium through Almondz Brokers in India.
He noted that the Egyptian Insurance Federation, in cooperation with the Egyptian Financial Supervisory Authority and the Insurance Holding Company, undertook several steps to encourage establishing new re-insurance companies in the Egyptian market with a paid capital of $250m.
According to court records, Donnelly filed an initial lawsuit--naming only New Jersey Re-Insurance Co.
4.00 Panel Two: Insurance: Captives, Re-Insurance, Insurance-Linked Securities: Understanding the Opportunities and Complexities Participants for this panel:
"We have been a strong supporter of the Middle East Insurance Forum for many years as a re-insurance partner," said Arab Insurance Group (Arig) chief executive officer Yassir Albaharna.
The meeting, he pointed out, would address themes related to the re-insurance of external trade and establishment of a data bank for "Aman Union," to enhance control of trade risks and debt collecting, strengthen the capacity of intervention of insurance companies.
'We are pleased to enter into this agreement with Hannover Retakaful, a highly regarded A rated re-insurance company,' said t'azur chairman Dr Shaikh Abdulaziz bin Naif Al Orayer.
A re-insurance firm needs a minimum capital of AED 250 million.
Summary: An Algerian consortium of decennial public liability insurance, destined to building sector, will be created next July to allow insurance firms to develop their capacities of builder's risk coverage, said Monday CEO of the Central Company of Re-insurance (CCR), Hadj Mohamed Seba.
This pre-eminent international business event is once again being attended by top representatives of major international insurance, re-insurance and brokerage firms.
Standard Life claimed yesterday to have boosted its operating profits by pounds 100 million this year with a pounds 6.7 billion re-insurance deal whereby it passed more than half its liabilities to pay annuities for personal pensions to Canada Life.
The Federal Government of Nigeria has appointed an interim management for NICON Insurance PLC and Nigerian Re-insurance after the recent controversial dismissal of the boards and management and takeover of the companies from Mr.