| The judge held that the reinsurers could not withhold approval unless there were reasonable grounds for doing so. |
| The plight of the reinsurers will have a knock-on effect on insurance markets everywhere. |
| Insurers are nervous, too, because they don't know for sure that their reinsurers will make good on claims. |
| Insurers and reinsurers had never considered terrorism when pricing their premiums. |
| But if that were so, surely reinsurers would be valued nearer to zero than to book value, which is not currently true of any reinsurer. |
| The main problems that could affect Ireland are the twin impact of the cost of reinsurance and insolvency among reinsurers. |
