Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb Present participle of
reinsure .
Etymologies
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Examples
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Munich Re transferred $260 million of risk in October 2007 through a bond called Midori, after reinsuring the East Japan Railway Company for earthquakes in the Greater Tokyo area.
Quake Unnerves 'Cat Bond' Holders Katy Burne 2011
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Step two: Even as they are paying down their debt, executives plan to move some of Genworth's life-insurance obligations off the books by either selling blocks of business or reinsuring them with other companies starting in the second half of 2011.
Genworth Road to Recovery Requires Investors' Patience Erik Holm 2011
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It got another $300 million of coverage through a bond called Muteki after reinsuring Zenkyoren, a Japanese agricultural cooperatives insurer, in May 2008.
Quake Unnerves 'Cat Bond' Holders Katy Burne 2011
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In an effort to compel Iran to halt its uranium enrichment, the U.N. Security Council last month imposed a wide range of military and financial sanctions on Iran, including a call for nations to prevent their financial institutions from insuring or reinsuring ships suspected of carrying banned weapons components.
New sanctions crimp Iran's shipping business as insurers withhold coverage 2010
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In an effort to compel Iran to halt its uranium enrichment, the U.N. Security Council last month imposed a wide range of military and financial sanctions on Iran, including a call for nations to prevent their financial institutions from insuring or reinsuring ships suspected of carrying banned weapons components.
New sanctions crimp Iran's shipping business as insurers withhold coverage 2010
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In an effort to compel Iran to halt its uranium enrichment, the U.N. Security Council last month imposed a wide range of military and financial sanctions on Iran, including a call for nations to prevent their financial institutions from insuring or reinsuring ships suspected of carrying banned weapons components.
New sanctions crimp Iran's shipping business as insurers withhold coverage 2010
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At the same time, the EU's foreign ministers have banned European firms from insuring or reinsuring any business owned or controlled by the Iranian government, or doing business in Iran, or operating at the direction of Iranian-owned companies.
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How is that different from what our government is doing by reinsuring AIG?
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In fact, MBIA expects to reap upward of $150 million in capital savings by reinsuring part of its portfolio under an existing deal.
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Well, at least some of them amounted to reinsuring big, risky exposures that Wall Street firms weren't comfortable with -- and few people had the capacity or appetite to take.
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