Authorized Reinsurers-12312018.Xlsx

Total Page:16

File Type:pdf, Size:1020Kb

Authorized Reinsurers-12312018.Xlsx Captive Division, 89 Main Street, Montpelier, VT 05620 ‐ 3101 (p) 802‐828‐3304 http://www.dfr.vermont.gov/ STATE OF VERMONT ACCREDITED/*REINSURERS APPROVED FOR CAPTIVES As of 12/31/2018 REINSURER CITY STATE COUNTRY category * ABU DHABI NATIONAL INSURANCE COMPANY United Arab Emirates Captive Approved * AIG AUSTRALIA LIMITED Sydney Australia Captive Approved * AIG EUROPE LIMITED London England Captive Approved * AIOI NISSAY DOWA INSURANCE CO., LTD. Tokyo Japan Captive Approved * AIU INSURANCE COMPANY, LTD. Tokyo Japan Captive Approved * ALLIANZ FIRE AND MARINE INSURANCE JAPAN LIMITED Tokio Japan Captive Approved * ALLIANZ GLOBAL CORPORATE & SPECIALTY FRANCE Paris France Captive Approved * ALLIANZ GLOBAL CORPORATE & SPECIALTY SE Munich Germany Captive Approved * ALLIANZ RISK TRANSFER AG Zurich Switzerland Captive Approved * ALLIANZ VERSICHERUNGS‐AKTIENGESELLSCHAFT Munich Germany Captive Approved * ALLIED WORLD ASSURANCE COMPANY (EUROPE) LTD. Dublin Ireland Captive Approved ALLIED WORLD ASSURANCE COMPANY US, INC. Boston MA United States Accredited * ALLIED WORLD ASSURANCE COMPANY, LTD Hamilton Bermuda Captive Approved * ALPHA INSURANCE S.A. Brussels Brussels Captive Approved * AMERICAN EMPIRE SURPLUS LINES INSURANCE COMPANY Wilmington DE United States Captive Approved AMERICAN HALLMARK INSURANCE COMPANY OF TEXAS Forth Worth TX United States Accredited * AMERICAN INTERNATIONAL REINSURANCE CO. LTD. Hamilton Bermuda Captive Approved * AMERICAN SAFETY INDEMNITY COMPANY Atlanta GA United States Captive Approved * AMERICAN SAFETY REINSURANCE LTD. Hamilton Bermuda Captive Approved * AMLIN EUROPE N.V. Amstelveen Netherlands Captive Approved * ARCH INSURANCE COMPANY (EUROPE) LTD. London England Captive Approved * ARCH REINSURANCE EUROPE UNDERWRITING LTD. Dublin Ireland Captive Approved * ARCH SPECIALTY INSURANCE COMPANY Omaha NE United States Captive Approved * ARCHER INSURANCE LIMITED St. Peter Port Guernsey Captive Approved * ARGO RE. LTD. Hamilton Bermuda Captive Approved * ARIA (SAC) LTD. Hamilton Bermuda Captive Approved * ARIEL REINSURANCE LIMITED Hamilton Bermuda Captive Approved ASPEN BERMUDA LIMITED Hamilton Bermuda Accredited ASPEN INSURANCE UK LIMITED London England Accredited * ASPEN SPECIALTY INSURANCE COMPANY Bismarck ND United States Captive Approved * ASSICURAZIONI GENERALI S.P.A. Trieste Italy Captive Approved 1 of 10 Captive Division, 89 Main Street, Montpelier, VT 05620 ‐ 3101 (p) 802‐828‐3304 http://www.dfr.vermont.gov/ If you wish to check the status of a company as a Vermont Licensed Reinsurer at any time go to: https://dfr.vermont.gov/industry/insurance/company‐licensing/licensed‐company‐information STATE OF VERMONT ACCREDITED/*REINSURERS APPROVED FOR CAPTIVES As of 12/31/2018 REINSURER CITY STATE COUNTRY category * ASSOCIATED ELECTRIC & GAS INS. SERVICES, LTD (AEGIS) Hamilton Bermuda Captive Approved ASSOCIATED INTERNATIONAL INSURANCE COMPANY Deerfield IL United States Accredited * ASSURANCE FRANCE AVIATION Puteaux France Captive Approved * ATAIN SPECIALTY INSURANCE COMPANY Farmington Hills MI United States Captive Approved * AVIVA INSURANCE LTD. London England Captive Approved * AXA CORPORATE SOLUTIONS ASSURANCE Paris France Captive Approved * AXA VERSICHERUNG AG Koln Germany Captive Approved * AXIS RE LIMITED Dublin Ireland Captive Approved * AXIS RE SE Dublin Ireland Captive Approved * AXIS SPECIALTY EUROPE LIMITED Dublin Ireland Captive Approved * AXIS SPECIALTY EUROPE SE Dublin Ireland Captive Approved AXIS SPECIALTY LIMITED Pembroke Bermuda Accredited * AXIS SURPLUS INSURANCE COMPANY Chicago IL United States Captive Approved * BANK OF CHINA GROUP INSURANCE COMPANY LIMITED Hong Kong China Captive Approved * BERKSHIRE HATHAWAY INTERNATIONAL INSURANCE LTD London England Captive Approved * BRIT INSURANCE LIMITED London England Captive Approved * BROOKFIELD LIFE & ANNUITY INSURANCE COMPANY, LTD. Hamilton Bermuda Captive Approved * CANOPIUS UNDERWRITING LTD. Hamilton Bermuda Captive Approved * CANOPIUS US INSURANCE, INC. DE United States Captive Approved * CATALINA LONDON LIMITED London England Captive Approved * CATALINA SAFETY REINSURANCE LIMITED Hamilton Bermuda Captive Approved * CATHAY CENTURY INSURANCE COMPANY LTD. Taipei Taiwan Captive Approved * CATLIN INSURANCE COMPANY LIMITED Hamilton Bermuda Captive Approved * CATLIN RE SWITZERLAND LIMITED Zurich Switzerland Captive Approved * CATLIN SPECIALTY INSURANCE COMPANY Dover DE United States Captive Approved * CGU INSURANCE LIMITED Sydney Australia Captive Approved * CHARTIS EXCESS LIMITED Dublin Ireland Captive Approved * CHINA CONTINENT PROPERTY & CASUALTY INSURANCE COMPANY LTD. Bejing China Captive Approved * CHINA PACIFIC INSURANCE (GROUP) COMPANY LIMITED Shanghai China Captive Approved * CHINA PACIFIC PROPERTY INSURANCE COMPANY LTD. Shanghai China Captive Approved * CHINA PROPERTY & CASUALTY REINSURANCE COMPANY LTD. Beijing China Captive Approved 2 of 10 Captive Division, 89 Main Street, Montpelier, VT 05620 ‐ 3101 (p) 802‐828‐3304 http://www.dfr.vermont.gov/ If you wish to check the status of a company as a Vermont Licensed Reinsurer at any time go to: https://dfr.vermont.gov/industry/insurance/company‐licensing/licensed‐company‐information STATE OF VERMONT ACCREDITED/*REINSURERS APPROVED FOR CAPTIVES As of 12/31/2018 REINSURER CITY STATE COUNTRY category * CHINA REINSURANCE (GROUP) CORPORATION Beijing China Captive Approved * CHINA TAIPING INSURANCE HK COMPANY LIMITED Hong Kong China Captive Approved * CHUBB ATLANTIC INDEMNITY LTD. Hamilton Bermuda Captive Approved * CHUBB BERMUDA INSURANCE LTD. Hamilton Bermuda Captive Approved * CHUBB BERMUDA INTERNATIONAL INSURANCE IRELAND LTD. Dublin Ireland Captive Approved * CHUBB CUSTOM INSURANCE COMPANY Wilmington DE United States Captive Approved * CHUBB EUROPEAN GROUP LIMITED London England Captive Approved * CHUBB EUROPEAN GROUP LTD. London England Captive Approved * CHUBB INSURANCE AUSTRALIA LIMITED Sydney Australia Captive Approved * CHUBB TEMPEST REINSURANCE LTD Hamilton Bermuda Captive Approved * CITADEL REINSURANCE COMPANY LIMITED Hamilton Bermuda Captive Approved * CLEAR BLUE SPECIALTY INSURANCE COMPANY Winston Salem NC United States Captive Approved CLEARWATER SELECT INSURANCE COMPANY Stamford CT United States Accredited * CNA INSURANCE COMPANY LIMITED London England Captive Approved * COLISEE RE Paris France Captive Approved COLISEUM REINSURANCE COMPANY New York NY United States Accredited * COLONY INSURANCE COMPANY Richmond VA United States Captive Approved COLUMBIA INSURANCE COMPANY Omaha NE United States Accredited DA VINCI REINSURANCE LTD. Hamilton Bermuda Accredited * DARWIN NATIONAL ASSURANCE COMPANY Farmington CT United States Captive Approved * DB INSURANCE COMPANY LTD. Seoul Korea Captive Approved * DB RE SOCIETE ANONYME Luxembourg Captive Approved * ELWOOD INSURANCE LIMITED Hamilton Bermuda Captive Approved * EMPIRE INDEMNITY COMPANY Schaumburg IL United States Captive Approved * ENDURANCE AMERICAN SPECIALTY INSURANCE New York NY United States Captive Approved * ENDURANCE WORLDWIDE INSURANCE LIMITED London England Captive Approved * ERGO VERSICHERUNG AKTIENGESELLSCHAFT Duesseldorf Germany Captive Approved ERIE INSURANCE EXCHANGE Erie PA United States Accredited * ESSENT REINSURANCE LTD. Pembroke Bermuda Captive Approved * ESSEX INSURANCE COMPANY Wilmington DE United States Captive Approved * EUROPEAN MUTUAL ASSOCIATION FOR NUCLEAR INSURANCE (EMANI) Brussels Brussels Captive Approved 3 of 10 Captive Division, 89 Main Street, Montpelier, VT 05620 ‐ 3101 (p) 802‐828‐3304 http://www.dfr.vermont.gov/ If you wish to check the status of a company as a Vermont Licensed Reinsurer at any time go to: https://dfr.vermont.gov/industry/insurance/company‐licensing/licensed‐company‐information STATE OF VERMONT ACCREDITED/*REINSURERS APPROVED FOR CAPTIVES As of 12/31/2018 REINSURER CITY STATE COUNTRY category EVANSTON INSURANCE COMPANY Deerfield IL United States Accredited * EVEREST INDEMNITY INSURANCE COMPANY Liberty Corner NJ United States Captive Approved * EVEREST REINSURANCE (BERMUDA), LTD. Hamilton Bermuda Captive Approved * EXCALIBUR REINSURANCE CORPORATION Philadelphia PA United States Captive Approved EXECUTIVE RISK SPECIALTY INSURANCE COMPANY Warren NJ United States Accredited * FAIR AMERICAN SELECT INSURANCE COMPANY New York NY United States Captive Approved FARM BUREAU MUTUAL INSURANCE COMPANY OF MICHIGAN Lansing MI United States Accredited FARMERS MUTUAL HAIL INSURANCE COMPANY OF IOWA Des Moines IA United States Accredited * FIDELIS INSURANCE BERMUDA LTD. Pembroke Bermuda Captive Approved * FIDELIS UNDERWRITING LTD. London England Captive Approved * FINIAL REINSURANCE COMPANY Omaha NE United States Captive Approved FIRST STATE INSURANCE COMPANY Boston MA United States Accredited * GEMINI INSURANCE COMPANY Scottsdale AZ United States Captive Approved * GENERAL INSURANCE CORPORATION OF INDIA Mumbai India Captive Approved GENERAL RE LIFE CORPORATION Stamford CT United States Accredited * GENERAL SECURITY INDEMNITY COMPANY OF AZ Phoenix AZ United States Captive Approved * GENERALI IARD Paris France Captive Approved * GERLING‐KONZERN ALLGEMEINE VERSICHERUNG AKT KOELN Germany Captive Approved * GLENCOE INSURANCE LTD. Hamilton Bermuda Captive Approved * GLOBAL INDEMNITY REINSURANCE COMPANY LTD. Hamilton Bermuda Captive Approved * GLOBAL REINSURANCE CORPORATION OF AMERICA New York NY United States Captive Approved * GREAT LAKES REINSURANCE (UK) PLC London England Captive Approved * GREENLIGHT REINSURANCE LTD. Cayman Islands Captive Approved * GROUPAMA AVIC INSURANCE LTD. Sichuan China Captive Approved
Recommended publications
  • Announcement
    Announcement QBE Asia wins Digital Insurance and two Claims Initiative Awards in Hong Kong and Singapore Hong Kong and Singapore, 15 Aug 2021 - QBE Asia, part of the International Division of QBE Insurance Group Limited, has won a total of three Claims and Digital Initiative awards at the Insurance Asia Awards 2021. These awards recognise the company’s outstanding achievement in providing seamless and convenient digital claims experiences for our business partners and customers. In Hong Kong, QBE extended its Digital Claims platform’s capability for home insurance in January 2021 following the success with its first introduction of the Digital Claims platform in 2019. It is an integrated platform where customers can manage both home claims and repairs simultaneously. Claims can be submitted, processed, and paid 24/7 anywhere and on any web-based device. Customers will be connected and auto matched to QBE’s network of adjusters and panel home contractors according to their needs and the nature of the home damage. Furthermore, they can also enjoy a faster repair survey and claims settlement via a single touchpoint with exclusive benefits on repairs. This will speed up their home damage recovery progress and allow them to return to normal daily lives quickly. “At QBE Hong Kong, we put our customers at the centre of all that we do, we understand our customers’ pain points and we are committed to provide a seamless claims process and value-added experience that will help them get back on their feet quickly.” said Lei Yu, Chief Executive Officer for North Asia and Regional Head of Distribution, QBE Asia.
    [Show full text]
  • 50 Years of Hannover Re 1966 – 2016
    50 years of Hannover Re 1966 – 2016 Karl-Wiechert-Allee 50, Home Office since 1984 Content Foreword 5 Part I Background and founding 6 First steps, first challenges 16 On the way up 26 Sport and leisure 30 A home of its own 32 Art collection 40 Hannover Re grows quickly and profitably, celebrates its 25th anniversary 48 Part II New paths, new structures 58 The expansion of life reinsurance 70 Expansion and diversification 74 Catastrophic years 78 The international perspective 86 Part III Charting a steady course into profitable waters 92 Even as one of the market leaders still “somewhat different” 96 Outlook 102 50 years in facts and figures 104 Imprint 106 50 Years of Hannover Re 1966 2016 Dear readers, Fifty years ago a very special success story was born: on 6 June 1966 the “Aktiengesellschaft für Trans­ port- und Rückversicherung”, as Hannover Re was first called, was established in Bochum. In the decades that followed this small reinsurance company, which had originally been created to place the business of the Group parent HDI, evolved into the third-largest reinsurer in the world. While many of the reinsurance industry’s illustrious names have long since ceased to exist, Hannover Re has successfully negotiated the catastrophes and crises of the past 50 years and has consistently grown in size and profitability. The crucial success factor in Hannover Re’s ascent to the top of the market was a willingness to break new ground: In keeping with its strategic motto of “somewhat different”, the company made a virtue out of its position as a newcomer in the market and distinguished itself as a pioneer in areas as diverse as the actuarial modelling of risks and innovative forms of life and health reinsurance.
    [Show full text]
  • Homeowners Premium Survey
    California Department of Insurance Homeowners Survey as of May 2019 Consumer Contacts Web Consumers Insurance Company Address Email Consumer Phone No. AAA (Interinsurance Exchange Of The Automobile Club) www.aaa.com [email protected] (877) 222-1445 Aegis Security Insurance Company www.aegisinsurance.com [email protected] (844) 207-4339 AIG Property Casualty Company www.aig.com [email protected] (866) 304-5047 Allstate Insurance Company www.allstate.com http://messaging.allstate.com/aorp.aspx (800) 255-7828 American Bankers Insurance Company of Florida www.assurant.com www.assurant.com (800) 852-2244 American Modern Insurance Company www.amig.com [email protected] (800) 543-2644 American National Property And Casualty Company www.americannational.com [email protected] (877) 544-0301 American Reliable Insurance Company www.americanreliable.com [email protected] (800) 535-1333 American Security Insurance Company www.assurant.com [email protected] (877) 893-5739 Amica Mutual Insurance Company www.amica.com www.amica.com/Amica/Contact/ContactUs.jsp (800) 242-6422 ASI Select Insurance Corporation https://www.americanstrategic.com [email protected] (866) 274-8765 Bankers Standard Insurance Company www.chubb.com [email protected] (800) 444-6161 California Capital Insurance Group www.ciginsurance.com [email protected] (800) 682-9255 California Casualty Indemnity Exchange www.calcas.com [email protected] (866) 680-5143 Chubb Group Of Insurance Company (Federal) www.chubb.com
    [Show full text]
  • Global Insurance Stock Aggregate Email
    GLOBAL INSURANCE STOCK REVIEW INSURANCE STOCKS IN 2017 RETURNS BY SECTOR Index / Sector | # of Companies * Weighted Return Global insurance stocks performed in MSCI ACWI IMI | 9,475 25.50% line with overall world equity markets in 2017, with the IIS aggregate’s Insurance | 226 25.22% 25.2% gain falling just short of the MSCI index’s 25.5% advance. There P&C | 83 19.52% were significant variances, however, with respect to regional, size and L&H | 70 32.55% industry sector performance. Multi-line | 45 23.84% Large Market Capitalization insurance Reinsurance | 17 9.24% issues soared 33% last year, while Small Cap stocks added just 7%. Brokers | 11 22.65% Investors have shown a marked preference for the highly liquid shares 0% 10% 20% 30% 40% of larger companies, including RETURNS BY MARKET CAP insurance companies. Investors also Market Cap | # of Companies showed favor toward international insurers last year. The leading regions Small | 42 6.91% of the world for insurance stocks were Small/Medium | 43 19.77% Africa (+43%), Middle East (+38%) and Europe (+35%), while US issues Medium | 55 24.75% gained just 9%. Medium/Large | 46 23.12% Large | 40 33.33% 0% 10% 20% 30% 40% In terms of industry sectors, the top performing areas of the industry were RETURNS BY MARKET TYPE Life & Health, which gained 33% and Market Type | # of Companies Multi Line, up 24%. Nonlife related US | 92 9.12% issues had lower returns, with Property & Casualty up 20% and Developed | 83 31.27% catastrophe-plagued Reinsurers up only 9%.
    [Show full text]
  • Press Release April 2021 P&C Renewals
    Press Release April 15 , 2021 - N° 8 April 2021 P&C Renewals SCOR performs strongly at the April 1, 2021, renewals, growing reinsurance premiums by 14.3% and building on the continued firming of the market observed in January At the April 1, 2021, reinsurance renewals1, SCOR performed strongly, benefiting from the continued improvements in pricing and terms & conditions already seen during the January renewals. SCOR grew its gross premiums up for renewal by 14.3%2 at constant exchange rates3 to EUR 600 million, with a 4.3% overall increase in pricing. The technical profitability of the portfolio benefited from rate-on-rate compounding effects after last year’s price increases. These continued improvements in pricing and terms & conditions are fully in line with the positive outlook set in September 2020 at the Investor Day and already observed in January. The bulk of the portfolio renewed on April 1 (64%) is in the Asia-Pacific region, of which Japan and India are the most significant markets (each accounting for approximately 28-29% of total premiums up for renewal): • In Japan, SCOR grew premiums by 3% at constant exchange rates to EUR 156 million, benefiting from significant price increases, while partially redeploying its capacity away from frequency-affected layers. Fully leveraging its deep client relationships and the strength of its position on this market, SCOR benefited from price increases of 12.3% year-on-year on Japanese CAT excess-of-loss programs, accelerating its payback from the 2018 and 2019 typhoon losses. • Leveraging its Tier 1 position in India as well as positive market conditions in the country, SCOR achieved significant premium growth of +21% at constant exchange rates, reaching EUR 178 million.
    [Show full text]
  • Pyatnits SC) EIJSC 39362474 Moscow
    2008 ANNUAL REPORT Table of contents Address by the General Director ............................................4 Reinsurance ..........................................................................49 Position of Ingosstrakh in the Insurance Market .....................6 Investments ..........................................................................52 Quantitative and qualitative insurance Marketing .............................................................................54 market parameters ..............................................................9 Personnel .................................................................................56 Key Events and Trends in the Russian Insurance Market in 2008 ..............................13 Risk management ....................................................................62 Current Positioning of Ingosstrakh in the Market ...............16 Communications ......................................................................70 Deliverables in major areas of business ..................................20 Government relations ..........................................................73 Motor insurance ...................................................................23 Public relations .....................................................................74 Corporate property and liability insurance .........................27 Charity and sponsorship ......................................................76 Voluntary Medical insurance ................................................29
    [Show full text]
  • Cohen & Steers Preferred Securities and Income Fund
    Cohen & Steers Preferred Securities and Income Fund As of 06/30/2021 Current % of Total Security Name Sector Market Value Market Value Wells Fargo & Company Flt Perp Banking $219,779,776.15 1.81 % Charles Schwab Corp Flt Perp Sr:I Banking $182,681,675.00 1.51 % Bp Capital Markets Plc Flt Perp Energy $158,976,029.00 1.31 % Bank of America 6.25% Banking $148,052,279.38 1.22 % Bank of Amrica 6.10% Banking $144,075,863.52 1.19 % Citigroup Inc Flt Perp Banking $139,736,756.25 1.15 % Emera 6.75% 6/15/76-26 Utilities $134,370,096.24 1.11 % Transcanada Trust 5.875 08/15/76 Pipeline $116,560,837.50 0.96 % JP Morgan 6.75% Banking $116,417,211.75 0.96 % JP Morgan 6.1% Banking $115,050,549.38 0.95 % Credit Suisse Group AG 7.5 Perp Banking $112,489,090.00 0.93 % Enbridge Inc Flt 07/15/80 Sr:20-A Pipeline $101,838,892.50 0.84 % Charles Schwab Corp Flt Perp Sr:G Banking $101,715,980.40 0.84 % Bank of America Corp 5.875% Perp Banking $99,269,540.97 0.82 % Sempra Energy Flt Perp Utilities $97,680,337.50 0.81 % BNP Paribas 7.375% Banking $96,328,288.48 0.79 % Jpmorgan Chase & Co Flt Perp Sr:Kk Banking $95,672,863.00 0.79 % Metlife Capital Trust IV 7.875% Insurance $94,971,600.00 0.78 % Citigroup 5.95% 2025 Call Banking $89,482,599.30 0.74 % Transcanada Trust Flt 09/15/79 Pipeline $88,170,468.75 0.73 % Ally Financial Inc Flt Perp Sr:C Banking $86,422,336.00 0.71 % Banco Santander SA 4.75% Flt Perp Banking $83,189,000.00 0.69 % American Intl Group 8.175% 5/15/58 Insurance $82,027,104.20 0.68 % Prudential Financial 5.625% 6/15/43 Insurance $80,745,314.60 0.67
    [Show full text]
  • QBE Group Personal Accident Insurance Brochure UWD.MIL
    Company Prole 公司簡介 QBE Hongkong & Shanghai Insurance Limited (QBE Hong Kong) is a joint venture between the QBE Insurance Group and China Construction Bank (Asia) Corporation Limited. QBE Hong Kong oers a comprehensive range of non-life insurance solutions for both corporate and personal customers. QBE Hong Kong is part of the QBE Insurance Group. QBE Insurance Group is a general insurance and reinsurance company, with operations in Group Personal Accident (Short Term Event) Insurance key insurance markets. Listed on the Australian Securities Exchange, QBE Insurance Group is headquartered in Sydney and employs more than 12,000 people in 31 countries and territories. 團體人身意外(短期活動)保險 China Construction Bank (Asia) Corporation Limited is the retail and commercial business platform of China Construction Bank Corporation in Hong Kong, and oers a wide Protecting you and your valuable guests while participating in the event that you organize array of banking products and services to customers, including consumer banking services, commercial banking services, corporate banking services, private banking services and 為您及您的嘉賓提供活動期間之保障 cross-border financial services, etc. Manulife (International) Limited (incorporated in Bermuda with limited liability) (Manulife) is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agent of QBE Hong Kong for distribution of general insurance products in Hong Kong. Manulife and QBE Hong Kong have entered into an Exclusive Distribution Agreement by which Manulife shall be engaged in marketing and promotion of QBE Hong Kong general insurance products, while appropriate Manulife’s agents shall be appointed as QBE Hong Kong insurance agents to distribute QBE Hong Kong general insurance products.
    [Show full text]
  • Reinsurance Market in Russia: 2015 Future Outlook
    Reinsurance Market in Russia: Future Outlook Joint analytical report of ARIA and RNRC 1 Summary The reinsurance market in Russia needs a fresh start. The scope of internal reinsurance in Russia is declining progressively. The amount of reinsurance premiums on the internal market in 2015 was RUB 35.2 billion, which is RUB 8.9 billion (20%) less than in 2012. Over the 9 months of 2016, the amount of premiums for accepted risks was 28.8 billion. In 2012-2014, the reinsurance market in Russia was expanding: premiums during this period increased by RUB 23.6 billion (20.5%); but affected by the negative political and economic factors in 2015, the reinsurance market stopped growing and entered a recession phase. During 2011-2015, reinsurance premiums increased just by 2% in 2015, while the growth of prices for insurance services reached 58% according to the Federal State Statistics Service. The Russian reinsurance market is characterized by a low penetration rate. Refusal to cede risks is associated with a few factors: inability to cede risks, conscious refusal to cede risks by insurers and lack of insurers' trust in Russian companies operating on the incoming reinsurance market. Despite the sanctions, the share of reinsurance premiums flowing abroad is increasing. In 2012 to 2015, premiums ceded to foreign reinsurers grew from RUB 79.4 billion to 98.4 billion. The size of the reinsurance market in Russia for the 9 months of 2016 was RUB 28.8 billion, which is equivalent to 3.25% of premiums on the insurance market. According to 2015 data, this figure on the international reinsurance market was estimated at 5%.
    [Show full text]
  • 22 April 2008 Manager, Company Announcements Office ASX Limited
    22 April 2008 Manager, Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam IAG FINANCE (NEW ZEALAND) LIMITED (IAN) IAG Views Remain Unchanged Attached is an announcement lodged by QBE today, together with IAG’s response. Yours sincerely Glenn Revell Company Secretary IAG Finance (New Zealand) Limited ABN 97 111 268 243 Incorporated in Australia New Zealand Branch Level 10 151 Queen Street Auckland New Zealand T +64 (0)9 969 6130 www.iag.com.au QBE INSURANCE GROUP LIMITED ABN 28 008 485 014 Head Office 82 Pitt Street Sydney NSW 2000 AUSTRALIA Postal Address 22 April 2008 GPO Box 82 Sydney NSW 2001 AUSTRALIA Telephone: +61 (2) 9375 4444 Facsimile: +61 (2) 9231 6104 DX 10171 Sydney Stock Exchange The Manager Company Announcements ASX Limited Level 6 Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam, re: QBE’s proposal to merge with IAG Please find attached an announcement for release to the market. Yours faithfully, Duncan Ramsay Company Secretary Direct: +612 9375 4422 Mobile: +61 (0)408 037 220 Fax: +612 9231 6104 Email: [email protected] Enc. A Member of the QBE Insurance Group QBE INSURANCE GROUP LIMITED MARKET ANNOUNCEMENT QBE’S PROPOSAL TO MERGE WITH IAG To keep the market informed, QBE advises that its proposal to merge with IAG via a scheme of arrangement, which was open until 5:00pm yesterday and was rejected by the board of IAG, has at this stage been extended to 5:00 pm Monday, 5 May 2008.
    [Show full text]
  • WT/TPR/S/345/Rev.1 6 December 2016 (16
    WT/TPR/S/345/Rev.1 6 December 2016 (16-6657) Page: 1/173 Trade Policy Review Body TRADE POLICY REVIEW REPORT BY THE SECRETARIAT RUSSIAN FEDERATION Revision This report, prepared for the first Trade Policy Review of the Russian Federation, has been drawn up by the WTO Secretariat on its own responsibility. The Secretariat has, as required by the Agreement establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization), sought clarification from the Russian Federation on its trade policies and practices. Any technical questions arising from this report may be addressed to Mr. John Finn (Tel: 022 739 5081), Mr. Ricardo Barba (Tel: 022 739 5088), Mr. Peter Milthorp (Tel: 022 739 5016) and Mr. Rosen Marinov (Tel: 022 739 6391). Document WT/TPR/G/345 contains the policy statement submitted by the Russian Federation. Note: This report was drafted in English. WT/TPR/S/345/Rev.1 • Russian Federation - 2 - CONTENTS SUMMARY ........................................................................................................................ 8 1 ECONOMIC ENVIRONMENT ........................................................................................ 13 1.1 Main Features of the Economy .....................................................................................13 1.2 Recent Economic Developments ...................................................................................14 1.3 Trade and Investment Performance ................................................................................18
    [Show full text]
  • Summarized-Year-End-2020-LH.Pdf
    Summarized Year-End 2020 Canadian Life/Health/Fraternal Insurance Results Dollar amounts in thousands of Canadian Dollars. Released March 22, 2021 msaresearch.com For extremely detailed year-end 2020 financial data on these companies please refer to the MSA Researcher Life/Health Software Platform by logging in at www.msaresearch.com YoY% YoY% Benefits and YoY% YoY% Comprehensive YoY% LICAT or LIMAT MSA Code Company Group Net Premiums Change Total Revenue Change Expenses Change Net Income Change Income Change Ratio FLC001 ACTRA Fraternal Benefit Society 17,914 4% 27,637 -7% 25,980 -2% 1,657 -49% 2,220 19% 187.69 LHB002 Aetna Life Insurance Company 20,975 20% 23,114 16% 20,817 26% 1,747 -39% 4,956 10% 644.00 LHB039 Allianz Life Insurance Company of North America 113 -12% 595 -16% 1,869 1068% -923 -314% -281 -137% 576.83 LHC002 Allstate Life Insurance Company of Canada Allstate 0 41 -2% 54 4% -13 -30% 22 16% LHB004 American Bankers Life Assurance Company of Florida 105,951 -1% 118,903 3% 93,443 -6% 19,379 53% 19,379 53% 644.00 LHB006 American Health and Life Insurance Company 12,520 -34% 13,627 -32% 8,857 -34% 3,621 -37% 4,977 -21% 576.83 LHB005 American Income Life Insurance Company 151,463 6% 171,775 7% 152,343 29% 19,389 -55% 51,603 -34% 164.53 LHC055 Assurant Life of Canada 256,525 -8% 475,501 -1% 449,348 -3% 19,175 48% 19,175 48% 151.39 LHB094 AWP Health & Life SA 10,808 7906% 11,053 3876% 12,104 2061% -1,122 -432% -886 -347% 265.27 LHB015 AXA Equitable Life Insurance Company 5,016 -13% 7,004 -9% -10,840 -377% 17,844 367% 20,654 302%
    [Show full text]