• Reinsurance

    Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insuranc...

    published: 26 Aug 2014
  • What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

    What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning - FINANCIAL REINSURANCE definition - FINANCIAL REINSURANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Financial Reinsurance (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non-life segment of the insurance industry this class of transactions is often referred to as finite reinsurance. One of the particular difficulties of running an insurance company is that its financial results - and hence its profitability - tend to be uneven from one year to the next. Since insurance companies generally want to produce consistent results, they may be attracted to ways ...

    published: 05 Oct 2016
  • Warren Buffett on insurance and reinsurance businesses

    Warren and Charlie answer questions about insurance and reinsurance.

    published: 13 Jun 2016
  • How Does Insurance Work?

    So how exactly does insurance work? How do insurance companies make money? In this video we will look into these questions and we will also learn about reinsurance and retrocession.

    published: 20 Dec 2014
  • amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

    published: 03 Dec 2015
  • What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

    What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning - REINSURANCE pronunciation - REINSURANCE definition - REINSURANCE explanation - How to pronounce REINSURANCE? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedent" or "cedant" under the arrangement) from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding com...

    published: 17 May 2017
  • KTN Prime P T A reinsurance company announces Hope Murera as the new Managing Director 1

    published: 26 Apr 2017
  • A simple reinsurance agreement

    A short animation illustrating the features and purpose of reinsurance.

    published: 07 Mar 2016
  • Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

    http://www.weforum.org/ The Global Risks 2013 Report captures how over 1000 experts from industry, government and academia see the most pressing threats facing the world over the next ten years. It reveals how 50 global risks are perceived in terms of likelihood, impact and interconnections.

    published: 08 Jan 2013
  • Israel Muchena, Assistant Director, African Reinsurance Corporation

    Mr. Muchena discusses the alternative ways to assess risk besides traditional mechanisms such as insurance companies. Although insurance might be the solution, many ideas must be put on the table, such as risk-sharing before approaching a 100% transfer of risk to insurance companies. Mr. Muchena shows his enthusiasm for the GIIF, hoping more insurers will collaborate in this initiative and work with the African Reinsurance Corporation, a company dedicated to creating and supporting the development of local underwriting skills.

    published: 10 Nov 2015
  • Own Your Own Warranty Company | Dealer Owned Reinsurance Company

    In this quick video, you'll see how producer-owned reinsurance can benefit independent, traditional dealership. Get in touch with us and we'll get you started on the path to an accelerated profit access program.

    published: 19 Sep 2014
  • Weqaya Takaful Insurance & Reinsurance Company- Movie

    published: 14 Nov 2012
  • Iraqi Reinsurance Company Head Quarters Building

    Project : Iraqi Reinsurance Company Head Quarters Building Client : Iraqi Reinsurance Company Location : Baghdad - Republic of Iraq Date : 2003 المشروع : شركة التأمين الوطنية العراقية - المبنى الرئيسي رب العمل : شركة التأمين الوطنية العراقية الموقع : بغداد - جمهورية العراق التاريخ : 2003

    published: 10 Feb 2014
  • Where should my reinsurance company be domiciled?

    Tim Byrd, Auto Industry Exper on Dealer Owned Reinsurance Companies

    published: 05 Jun 2012
  • Case Study Interview with Rob Ashdown (VP of a large Reinsurance Company)

    Rob Ashdown (VP of a Large Reinsurance Company) talks about his experience of The Dealmaker™ programme and how it has improved his dealmaking skills.

    published: 12 Sep 2016
  • Standard Insurance's Corporate Audiovisual Presentation

    Standard Insurance has been in the business for more than 56 years now and is one of the biggest non-life insurance companies in the Philippines today. It is the leader in both motorcar and general fire insurance with treaties backed by multinational reinsurance companies rated no less than A- by the Standard and Poor's Ratings Services.

    published: 13 Jan 2015
Reinsurance

Reinsurance

  • Order:
  • Duration: 18:31
  • Updated: 26 Aug 2014
  • views: 9180
videos
Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance Companies that sell reinsurance refer to the business as 'assumed reinsurance'. Assumed reinsurance is reported separately on their books from their non-reinsurance business. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
https://wn.com/Reinsurance
What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

  • Order:
  • Duration: 2:21
  • Updated: 05 Oct 2016
  • views: 218
videos
What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning - FINANCIAL REINSURANCE definition - FINANCIAL REINSURANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Financial Reinsurance (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non-life segment of the insurance industry this class of transactions is often referred to as finite reinsurance. One of the particular difficulties of running an insurance company is that its financial results - and hence its profitability - tend to be uneven from one year to the next. Since insurance companies generally want to produce consistent results, they may be attracted to ways of hoarding this year's profit to pay for next year's possible losses (within the constraints of the applicable standards for financial reporting). Financial reinsurance is one means by which insurance companies can "smooth" their results. A pure 'fin re' contract for a non-life insurer tends to cover a multi-year period, during which the premium is held and invested by the reinsurer. It is returned to the ceding company - minus a pre-determined profit-margin for the reinsurer - either when the period has elapsed, or when the ceding company suffers a loss. 'Fin re' therefore differs from conventional reinsurance because most of the premium is returned whether there is a loss or not: little or no risk-transfer has taken place. In the life insurance segment, fin re is more usually used as a way for the reinsurer to provide financing to a life insurance company, much like a loan except that the reinsurer accepts some risk on the portfolio of business reinsured under the fin re contract. Repayment of the fin re is usually linked to the profit profile of the business reinsured and therefore typically takes a number of years. Fin re is used in preference to a plain loan because repayment is conditional on the future profitable performance of the business reinsured such that, in some regimes, it does not need to be recognised as a liability for published solvency reporting.
https://wn.com/What_Is_Financial_Reinsurance_What_Does_Financial_Reinsurance_Mean_Financial_Reinsurance_Meaning
Warren Buffett on insurance and reinsurance businesses

Warren Buffett on insurance and reinsurance businesses

  • Order:
  • Duration: 12:11
  • Updated: 13 Jun 2016
  • views: 2431
videos
Warren and Charlie answer questions about insurance and reinsurance.
https://wn.com/Warren_Buffett_On_Insurance_And_Reinsurance_Businesses
How Does Insurance Work?

How Does Insurance Work?

  • Order:
  • Duration: 14:54
  • Updated: 20 Dec 2014
  • views: 3142
videos
So how exactly does insurance work? How do insurance companies make money? In this video we will look into these questions and we will also learn about reinsurance and retrocession.
https://wn.com/How_Does_Insurance_Work
amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

  • Order:
  • Duration: 0:14
  • Updated: 03 Dec 2015
  • views: 25
videos
https://wn.com/Amando_Software_Referenz_Herr_Urech_(Swiss_Reinsurance_Company_Ltd.)
What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

  • Order:
  • Duration: 3:39
  • Updated: 17 May 2017
  • views: 23
videos
What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning - REINSURANCE pronunciation - REINSURANCE definition - REINSURANCE explanation - How to pronounce REINSURANCE? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedent" or "cedant" under the arrangement) from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that sell reinsurance refer to the business as 'assumed reinsurance'. A healthy reinsurance marketplace helps ensure that insurance companies can remain solvent (financially viable), particularly after a major disaster such as a major hurricane, because the risks and costs are spread. There are two basic methods of reinsurance: 1. Facultative Reinsurance, which is negotiated separately for each insurance policy that is reinsured. Facultative reinsurance is normally purchased by ceding companies for individual risks not covered, or insufficiently covered, by their reinsurance treaties, for amounts in excess of the monetary limits of their reinsurance treaties and for unusual risks. Underwriting expenses, and in particular personnel costs, are higher for such business because each risk is individually underwritten and administered. However, as they can separately evaluate each risk reinsured, the reinsurer's underwriter can price the contract to more accurately reflect the risks involved. Ultimately, a facultative certificate is issued by the reinsurance company to the ceding company reinsuring that one policy. 2. Treaty Reinsurance means that the ceding company and the reinsurer negotiate and execute a reinsurance contract under which the reinsurer covers the specified share of all the insurance policies issued by the ceding company which come within the scope of that contract. The reinsurance contract may oblige the reinsurer to accept reinsurance of all contracts within the scope (known as "obligatory" reinsurance), or it may allow the insurer to choose which risks it wants to cede, with the reinsurer obliged to accept such risks (known as "facultative-obligatory" or "fac oblig" reinsurance). There are two main types of treaty reinsurance, proportional and non-proportional, which are detailed below. Under proportional reinsurance, the reinsurer's share of the risk is defined for each separate policy, while under non-proportional reinsurance the reinsurer's liability is based on the aggregate claims incurred by the ceding office. In the past 30 years there has been a major shift from proportional to non-proportional reinsurance in the property and casualty fields.
https://wn.com/What_Is_Reinsurance_What_Doe_Reinsurance_Mean_Reinsurance_Meaning,_Definition_Explanation
KTN Prime P T A reinsurance company announces Hope Murera as the new Managing Director 1

KTN Prime P T A reinsurance company announces Hope Murera as the new Managing Director 1

  • Order:
  • Duration: 0:55
  • Updated: 26 Apr 2017
  • views: 2
videos
https://wn.com/Ktn_Prime_P_T_A_Reinsurance_Company_Announces_Hope_Murera_As_The_New_Managing_Director_1
A simple reinsurance agreement

A simple reinsurance agreement

  • Order:
  • Duration: 1:53
  • Updated: 07 Mar 2016
  • views: 7116
videos
A short animation illustrating the features and purpose of reinsurance.
https://wn.com/A_Simple_Reinsurance_Agreement
Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

  • Order:
  • Duration: 2:13
  • Updated: 08 Jan 2013
  • views: 560
videos
http://www.weforum.org/ The Global Risks 2013 Report captures how over 1000 experts from industry, government and academia see the most pressing threats facing the world over the next ten years. It reveals how 50 global risks are perceived in terms of likelihood, impact and interconnections.
https://wn.com/Global_Risks_2013_Report_David_Cole_(Swiss_Reinsurance_Company)
Israel Muchena, Assistant Director, African Reinsurance Corporation

Israel Muchena, Assistant Director, African Reinsurance Corporation

  • Order:
  • Duration: 8:02
  • Updated: 10 Nov 2015
  • views: 328
videos
Mr. Muchena discusses the alternative ways to assess risk besides traditional mechanisms such as insurance companies. Although insurance might be the solution, many ideas must be put on the table, such as risk-sharing before approaching a 100% transfer of risk to insurance companies. Mr. Muchena shows his enthusiasm for the GIIF, hoping more insurers will collaborate in this initiative and work with the African Reinsurance Corporation, a company dedicated to creating and supporting the development of local underwriting skills.
https://wn.com/Israel_Muchena,_Assistant_Director,_African_Reinsurance_Corporation
Own Your Own Warranty Company | Dealer Owned Reinsurance Company

Own Your Own Warranty Company | Dealer Owned Reinsurance Company

  • Order:
  • Duration: 10:32
  • Updated: 19 Sep 2014
  • views: 401
videos
In this quick video, you'll see how producer-owned reinsurance can benefit independent, traditional dealership. Get in touch with us and we'll get you started on the path to an accelerated profit access program.
https://wn.com/Own_Your_Own_Warranty_Company_|_Dealer_Owned_Reinsurance_Company
Weqaya Takaful Insurance & Reinsurance Company- Movie

Weqaya Takaful Insurance & Reinsurance Company- Movie

  • Order:
  • Duration: 8:55
  • Updated: 14 Nov 2012
  • views: 441
videos
https://wn.com/Weqaya_Takaful_Insurance_Reinsurance_Company_Movie
Iraqi Reinsurance Company Head Quarters Building

Iraqi Reinsurance Company Head Quarters Building

  • Order:
  • Duration: 0:44
  • Updated: 10 Feb 2014
  • views: 93
videos
Project : Iraqi Reinsurance Company Head Quarters Building Client : Iraqi Reinsurance Company Location : Baghdad - Republic of Iraq Date : 2003 المشروع : شركة التأمين الوطنية العراقية - المبنى الرئيسي رب العمل : شركة التأمين الوطنية العراقية الموقع : بغداد - جمهورية العراق التاريخ : 2003
https://wn.com/Iraqi_Reinsurance_Company_Head_Quarters_Building
Where should my reinsurance company be domiciled?

Where should my reinsurance company be domiciled?

  • Order:
  • Duration: 0:23
  • Updated: 05 Jun 2012
  • views: 80
videos
Tim Byrd, Auto Industry Exper on Dealer Owned Reinsurance Companies
https://wn.com/Where_Should_My_Reinsurance_Company_Be_Domiciled
Case Study Interview with Rob Ashdown (VP of a large Reinsurance Company)

Case Study Interview with Rob Ashdown (VP of a large Reinsurance Company)

  • Order:
  • Duration: 3:31
  • Updated: 12 Sep 2016
  • views: 12
videos
Rob Ashdown (VP of a Large Reinsurance Company) talks about his experience of The Dealmaker™ programme and how it has improved his dealmaking skills.
https://wn.com/Case_Study_Interview_With_Rob_Ashdown_(Vp_Of_A_Large_Reinsurance_Company)
Standard Insurance's Corporate Audiovisual Presentation

Standard Insurance's Corporate Audiovisual Presentation

  • Order:
  • Duration: 5:33
  • Updated: 13 Jan 2015
  • views: 962
videos
Standard Insurance has been in the business for more than 56 years now and is one of the biggest non-life insurance companies in the Philippines today. It is the leader in both motorcar and general fire insurance with treaties backed by multinational reinsurance companies rated no less than A- by the Standard and Poor's Ratings Services.
https://wn.com/Standard_Insurance's_Corporate_Audiovisual_Presentation
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