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31 Mar 2023, 7:56 am by Evan Schwartz
Reinsurance is essentially insurance for insurance companies. [read post]
30 Jul 2007, 8:00 pm
Market: 2006 Data study, completed by the Reinsurance Association of America (RAA), 53.1% of US unaffiliated reinsurance premium in 2006 was ceded to offshore reinsurance companies (see here & here). [read post]
11 Nov 2018, 7:44 pm by Patrick Bracher (ZA)
In addition, a contract cannot be ceded if the cession will impose a greater burden on the other party. [read post]
4 Jan 2011, 12:16 am
  Resolution 225, which becomes effective March 31, 2011, provides that local insurance companies will need to cede (as opposed to providing a right of first refusal) to local reinsurance companies at least 40% of each reinsurance cession. [read post]
28 Apr 2011, 2:58 am
  As previously reported here, Resolution 232/11 repealed Resolution 224/10 and provides that no more than 20% of the premium applicable to a contract may be ceded by insurance companies and local reinsurers to related companies or companies that belong to the same financial group based abroad. [read post]
19 Apr 2018, 6:05 am by Michael Geist
My Globe and Mail op-ed notes Internet companies can undoubtedly do more, but laying the responsibility primarily at their feet poses its own risks as governments and regulators effectively cede responsibility for content moderation and policing to private, for-profit companies. [read post]
19 Dec 2018, 1:44 pm by Sabrina I. Pacifici
That’s a worrying turn of events, given the company’s past behavior. [read post]
31 Mar 2011, 2:45 am
Resolution 232/11 instead provides that no more than 20% of the premium applicable to a contract may be ceded by insurance companies and local reinsurers to related companies or companies that belong to the same financial group based abroad. [read post]
29 Jun 2009, 7:02 am
And the worst thing we can do is cede those decisions to private industry, policy wonks, and flighty politicians. [read post]
16 Dec 2008, 10:57 am
  Thus, the total U.S. taxes paid by the ceding insurer and affiliated foreign reinsurer are reduced while keeping all of the risk within the affiliated companies. [read post]
10 Nov 2009, 2:26 pm
Plaintiffs claim that to date, defendants have failed to pay over $535,000 in ceded losses, breaching its reinsurance contracts with plaintiffs. [read post]
27 Aug 2012, 9:04 pm by Sean Hayes
But it fell to third place in January this year after ceding the No. 2 spot to Namyang Dairy’s popular French Café brand. [read post]
21 Jul 2008, 9:53 am
• Ceding companies must offer local reinsurers the right of first refusal on at least 60% of the premiums ceded until January 16, 2010 (and 40% thereafter). [read post]
7 Sep 2017, 1:26 am by Riza Moosa
In BP Southern Africa v Intertrans Oil SA, a company in business rescue alleged that the future book debts ceded under an agreement, were capable of being suspended by the business rescue practitioner under section 136(2) of the Companies Act. [read post]
9 May 2008, 12:55 pm
  Retakaful, as the name implies, provides opportunities to takaful companies to cede risk to a “reinsurer” that conducts its business in a manner that is also shari’a compliant. [read post]