| It is difficult to see how such cover can work at all if a fronting company alone is the reinsured. |
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| They wish to be reinsured by the states because of the risk for them to suffer heavy financial losses. |
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| Like many retail insurers, they offer a custom package direct to buyers which is reinsured through a larger firm. |
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| They bought cover, often through bulk contracts off the big insurance giants, who in turn reinsured their risk elsewhere. |
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| They could be in for nasty surprises because of direct exposure or the miscalculation of the quantities that they have reinsured, he said. |
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| Effectively, the insurer and reinsured have agreed that such information is immaterial. |
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| But in each case the whole of the risk was reinsured through the London market so that neither Colombian insurer retained any part of the risk themselves. |
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| The FSA has also approved the payment of a return premium of GBP50 million to the Names reinsured by Equitas. |
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| The reinsured share of the very largest losses of 2011 were very heavily reinsured. |
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| Others may question whether health insurance losses are comparable to the lower probability risks of terrorism or natural disasters that are federally reinsured. |
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| This federally reinsured MPCI program is offered under the supervision of the Risk Management Agency of the United States Department of Agriculture. |
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