Archive for the ‘reinsurance’ Category

what is facultative reinsurance?

Wednesday, March 10th, 2010


Faculative Reinsurance is an insurance industry term: For risks on particular cases that the primary insurer does not want to ‘carry’ — that primary insurance company can ’shop it’ at OTHER, secondary insurance companies who DO want to accept this particular risk.

This second insurance company is the Reinsurance provider.

Consumer BENEFITS of a Life Insurance policy that has been ‘placed’ using Reinsurance is that, for a ’special risk’ (not best health class) applicant, this person can get a GOOD offer from the primary insurer (otherwise, the good, but picky primary Life Insurance company might just decline the application). Why is it GOOD to be accepted by a high quality, financially strong Life Insurance carrier vs. a low quality, financially weak Life Insurance carrier? Consumers generally receive significant policy improvements from the leading carriers: eg., Mutual company policyowner advantages, Participating Dividends, Lower net cost of coverage, Term Conversion options, etc.

Was this helpful?

Are you in the insurance business… or, did you recently get ‘rated’ on a personal application?

John Villegas-Grubbs Terms Reinsurance

Tuesday, March 9th, 2010

Thursday April 2, 2009
John Villegas-Grubbs
2009 Rehabilitation and Transition
Conference Presentation at the American Club
in Kohler, Wisconsin

John is a principal partner in Johnston, Villegas-Grubbs & Abraham, a public health and social services consulting firm with a significant history of assistance to state and county governments.

Duration : 0:2:31

(more…)

Technorati Tags: , , ,

what are the chances of your luggage being lost?

Tuesday, March 9th, 2010

i am going on my first plane ride this Friday! And i am sooo excited not scared any more not one bit! But i am concerned of the airline losing my bags and luggage! I will be gone out of the country for a week and two days what would i do with no cloths?! So i wanted to know if that is very likely or not. Maybe how often that happens, just some reinsurance about the hole thing!
And what do you do if your luggage is lost what do you do then?

When we fly, we carry our luggage on the plane with us and put it in the overhead compartment. This way you’re assured of getting to your destination with your stuff. Suitcases are lost or waylaid way too often and I don’t want to take the chance. Pack carefully and you should be able to carry on what you need.

Alternative Risk Transfer

Monday, March 8th, 2010

Alternative Risk Transfer
A practical approach to ART-an alternative method by which companies take on various types of risk
This comprehensive book shows readers what ART is, how it can be used to mitigate risk, and how certain instruments/structures associated with ART should be implemented. Through numerous examples and case studies, readers will learn what actually works and what doesn’t when using this technique.
Erik Banks (CT) joined XL Capital’s weather/energy risk management subsidiary, Element Re, as a Partner and Chief Risk Officer in 2001.

(more…)

The Reinsurance Treaty?

Monday, March 8th, 2010

I am writing a paper on the causes of World War One for University and it loosly alludes to the Reinsurance Treaty I cant seem to find info on it anyone have any info or at least where I can get info on it?

http://en.wikipedia.org/wiki/Reinsurance_Treaty

It’s called google

What can I specifically study on REINSURANCE? its for my thesis proposal. Help pls?

Sunday, March 7th, 2010


Well, there aren’t any BOOKS that I know of, because it’s a very limited field. But there are frequently articles about it, in Best’s Review magazine.

Interview with Christian Mounis Transamerica Reinsurance Europe CEO

Saturday, March 6th, 2010

Duration : 0:2:20

(more…)

Technorati Tags: , , , ,

my friend is doing acturial economics plz suggest some good books which r easy to understand?

Saturday, March 6th, 2010

my friend is doing acturial economics plz suggest some good books which r easy to understand,also write name of the authors.topics in acturial economics are
applied probability,stochastic process,reserving techniques,dynamic financial analysis,reinsurance,extreme value,stochastic control & insurance,application to finance,life insurance,collective insurance & company operations,insurance pricing,valuing risk management,stochastic models in insurance,theory of interest,cash flow projections,life contingencies,credibility theory.my friend is really worried .plz give answer.suggest only easy books which r related to these topics.

You can search with the help of search engine and you can solve your problem on the link given below :
http://www.reliancelife.net.in
http://www.reliancelife.info
http://www.ignou.info
I think that you can get answer of your problems at the weblink provided above

The Law of Reinsurance

Friday, March 5th, 2010

The Law of Reinsurance
Written by a team of specialists in the field, this new book is a must have for all those dealing with reinsurance law matters. It fills the gap for a much needed specialist text on reinsurance that is both practical and authoritative. This is a fully discursive text that states the position under the current law and applies it to practice. Every aspect of reinsurance law practice is covered beginning with an investigation of the definition, purpose and types of reinsurance. Guidance is given on contractual principles and terms in the reinsurance context, obligations, rights and liabilities of the reinsurer, and the choice of law.

(more…)

A quick question that i need some reinsurance.?

Friday, March 5th, 2010

Me and my boyfriend had sex for the first time, it was both of ours’ first time and it took us 5 years to get to this point but not that its all said and done i just was kinda worring about what the possibiity of me being pregenet was. He wore a condom and also pulled out before he was done to insure that the condom did not break. Which it did not. Both of us were just wondering what the possibility of getting pregenet from what we did. It would not be a good thing at all at this point and time in both of our lives, to many things going on. But then again i would love to have his kids but its not the right time.

You have a slightly higher chance of being struck by lightning than being pregnant at this time.