Reinsurance

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• REINSURANCE DEFINITION
• GLOSSARIES
• REINSURANCE SOURCES
• RUN-OFF COMPANIES AND RESOURCES
• OTHER RESOURCES

Reinsurace

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Risk transferred from one insurer to another; a contract whereby the assuming insurer (reinsurer) agrees to indemnify the ceding insurer (cedent) for all or part of the claim liabilities under policies issued by the ceding insurer, which pays the reinsurer a premium in return. By ceding some of its business, an insurer may write more business within its reserve or surplus requirements. Assuming insurers may cede risks to other reinsurers, which is called retrocession. The two basic types of reinsurance are facultative, involving the transfer of individual risks, and treaty, involving the transfer of all risks in a class of business. The ceding insurer usually remains liable for policy claims, and the reinsurer must indemnify the cedent. In the less common assumption reinsurance, the reinsurer becomes directly liable for claims settlement.

Glossaries

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• Glossary of Reinsurance Terms - From Guy Carpenter.

Reinsurance Sources

(General - Not necessarily accessible by TCIM)

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• ACE
• American Re
• Arch Capital Group Ltd.
• Catex
• CME Group
• Endurance Specialty
• eReinsure.com - On-line trading of reinsurance.
• Everest Re
• General Re
• Guy Carpenter & Company Inc
• Hannover Re
• Munich Re.
• Munich Reinsurance Company of Canada
• Odyssey Re Holdings Corp.
• Reinsurance Group of America
• RenaissanceRe Holdings Ltd.
• SCOR
• SCOR Global Life
• Summit Reinsurance Services - A full-service managing general underwriter and reinsurance intermediary broker who focuses exclusively on managed care.
• Swiss Re / - Electronic Risk Trading.
• Toa Re America
• Transatlantic Reinsurance Company

Run-off Companies and Resources

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• Association of Insurance & Reinsurance Run-Off Companies
• Run-off Acquirers (List of)
• Runoff.com - We specialize in managing closed blocks of business or assisting with lines that are no longer written.
• Run-off business  - The journal for run-off business professionals.
• Ruxley Ventures
• Schemes of Arrangement - listing form KPMG

Other Resources

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• A.M. Best Reinsurance Centre
• Glossary of Reinsurance Terms - From Guy Carpenter.
• ReinsuranceArbitrators.com
• Reinsurance Association of America
• Reinsurance Contacts
• Reinsurance Contract Wording / Book
• Reinsurance Research Council- The RRC is an organization representing the majority of professional property/casualty reinsurers registered in Canada.

• Taurus Training

• The Journal of Reinsurance