Search for: "Ability Reinsurance Holdings Limited"
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7 Jun 2010, 12:39 pm
This kind of competitiveness argument holds no weight. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
12 Jun 2012, 1:18 am
We also now have the ability to level the playing field for foreign reinsurers and that could result in lower costs to consumers in the long run. [read post]
4 Nov 2010, 8:07 am
Court of Appeals for the Third Circuit affirmed the District Court’s decision holding that a cedent’s settlement allocation was reasonable and binding on the reinsurer, except for the portion of the allocation that was based upon annualized per-occurrence limits for multi-year policies.In 1998, Travelers Casualty & Surety Company (“Travelers”) reached a $137 million settlement with its insured to resolve, among other things, claims involving… [read post]
25 Feb 2019, 12:53 pm
This will lead the holding company to cause such extra insurance carriers to transfer all of their risk and administration to an affiliate through reinsurance and intercompany services agreements, and shutting down – leaving nothing but a “shell” of a company, with no ongoing operations, except its licenses intact. [read post]
29 Jan 2020, 9:26 am
In the wake of the Dodd-Frank Act, FSOC tagged several insurance holding companies as SIFIs: American International Group Inc. [read post]
11 Dec 2022, 1:34 pm
Property owners will NOT have the ability to hold an insurance company accountable for the claims handling requirements, thereby harming a policyholder unless there has been a trial court judgment in an underlying suit. [read post]
15 Jan 2009, 6:17 am
Therefore, while the statute does not prohibit Costa Rican entities from seeking insurance outside of the jurisdiction, an insurer holding such a policy would be left with little ability to investigate or adjust any potential loss.Therefore, even for companies that opt to wait and see as to the development of the Costa Rican insurance market, it is imperative to reevaluate underwriting activities regarding risks related to Costa Rica. [read post]
16 Mar 2011, 5:34 am
” Thus, in the limitations context, the Court held that “it makes sense to link the standard for ‘discovering’ the facts of a violation to the plaintiff’s ability to make out or plead that violation. [read post]
19 Oct 2012, 1:34 am
The bill was passed after removal of the most controversial provision, which would have placed time limits on when an insurer could seek a rate change.As previously reported SB 1448 incorporates into California law changes the NAIC made to its Insurance Holding Company System Model Law and Regulations. [read post]
19 Jan 2023, 5:16 am
At present, the insurance industry is reluctant to offer large limits because reinsurers are concerned about potential exposure to a variety of cyber catastrophes. [read post]
29 Oct 2012, 9:46 am
Cambridge Gas held directly or indirectly 70% of the shares of Navigator Holdings, an Isle of Man company. [read post]
10 Sep 2019, 8:44 am
But what licenses exactly need to be held and who must hold them? [read post]
10 Feb 2020, 10:55 am
Jurisdictions also differ as to whether defense-within-limits clauses and claims-made policy standards apply to the surplus lines market, to name just a few. [read post]
30 Apr 2020, 4:21 pm
Insurers maintain the ability to perform retrospective review of such inpatient services when the state of emergency is lifted. [read post]
13 Aug 2008, 12:40 pm
Specifically, a RRG would be required to hold a written charter, form an independent audit committee, and have a majority of independent directors on its board of directors. [read post]
12 Oct 2016, 12:47 pm
Treasury Department, the Secretary of the Treasury’s ability to intervene in the OCC’s affairs is strictly limited by that same statute the opinion cites (see 12 USC 1(b)(1. [read post]
23 Apr 2012, 6:39 pm
Holdouts: Kevin argues that strategic holding out by insurers would still occur under if settlements were de-collectivized. [read post]