| Most insurance companies, Rosemary says, make sure that as a matter of course they reinsure their risks. |
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| Other times it is simply an economic view of an industry or product where we insure or reinsure risks. |
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| An insurance company needs to reinsure its clients to minimize losses in case of incidents which result in claims. |
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| This issue probably merits a calm and thorough debate to reinsure the EU position. |
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| Also, it appeared to be very difficult to reinsure on the private market the commercial risk of protracted default in non-OECD countries. |
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| The government, by that same wording, is apparently capable of seeking other reinsurance itself to reinsure its own reinsurance. |
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| In other situations such as insuring an oil refinery, the main insurer would reinsure the vast majority of risks. |
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| This guideline, however, does not apply to a company that is licensed only to reinsure risks nor to any business classed as marine or life insurance. |
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| Further difficulties may arise in some countries as a result of limitations on the ability of local insurers to reinsure the risks on the international insurance and reinsurance markets. |
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| This pool, in which all official credit insurers or insurers acting on behalf of the State should participate, will reinsure medium and long term risks assumed by national insurance agencies. |
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| The simplest way is to reinsure the risk with an insurance company. |
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| The Article defines a coreinsurance group as a group set up by insurance undertakings in order to reinsure mutually all or part of their liabilities in respect of a specified risk category. |
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| First, as insurance companies merge into fewer, global players, the share of policies they seek to reinsure has declined rapidly over the past decade, says James McPherson of PwC, a consultancy. |
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