• Reinsurance

    Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insuranc...

    published: 26 Aug 2014
  • How Does Insurance Work?

    So how exactly does insurance work? How do insurance companies make money? In this video we will look into these questions and we will also learn about reinsurance and retrocession.

    published: 20 Dec 2014
  • What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

    What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning - FINANCIAL REINSURANCE definition - FINANCIAL REINSURANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Financial Reinsurance (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non-life segment of the insurance industry this class of transactions is often referred to as finite reinsurance. One of the particular difficulties of running an insurance company is that its financial results - and hence its profitability - tend to be uneven from one year to the next. Since insurance companies generally want to produce consistent results, they may be attracted to ways ...

    published: 05 Oct 2016
  • Warren Buffett on insurance and reinsurance businesses

    Warren and Charlie answer questions about insurance and reinsurance.

    published: 13 Jun 2016
  • What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

    What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning - REINSURANCE pronunciation - REINSURANCE definition - REINSURANCE explanation - How to pronounce REINSURANCE? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedent" or "cedant" under the arrangement) from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding com...

    published: 17 May 2017
  • The Medical Allied Reinsurance Company

    The Medical Allied Reinsurance Company is a tool business owners are beginning to use in order to control escalating healthcare costs.

    published: 27 Jun 2017
  • Israel Muchena, Assistant Director, African Reinsurance Corporation

    Mr. Muchena discusses the alternative ways to assess risk besides traditional mechanisms such as insurance companies. Although insurance might be the solution, many ideas must be put on the table, such as risk-sharing before approaching a 100% transfer of risk to insurance companies. Mr. Muchena shows his enthusiasm for the GIIF, hoping more insurers will collaborate in this initiative and work with the African Reinsurance Corporation, a company dedicated to creating and supporting the development of local underwriting skills.

    published: 10 Nov 2015
  • A simple reinsurance agreement

    A short animation illustrating the features and purpose of reinsurance.

    published: 07 Mar 2016
  • Digital Transformation in the Insurance Industry at Swiss Re

    The financial services industry is undergoing digital disruption and change. Insurance, as part of that industry, also faces new opportunities and challenges. To explore these issues, I spoke with the CIO for Information at Swiss reinsurance giant, Swiss Re. Rainer Baumann handles the data and tools that experts inside the company use to understand and evaluate a broad range of insurance risks. Unlike traditional insurance, where the company sells policies to individual buyers, reinsurance offers a backstop to other insurance companies. For this reason, the reinsurance business is all about experts gathering and analyzing information on a wide variety of topics. Baumann is creating a digital workplace to bring these experts information on topics ranging from weather to cyber risk to far...

    published: 28 Feb 2017
  • KTN Prime: P-T-A reinsurance company announces Hope Murera as the new Managing Director

    The P-T-A reinsurance company, otherwise known as ‘Zep-re’ has announced the appointment of Mrs. Hope Murera as the new Managing director with effect from January 1, 2017. Mrs. Murera will replace Mr. Rajni Varia who has been at the helm of the company since 2008. The new head has the task of bringing the African regional reinsurer into a new age where an Africa wide market for business is fast becoming reality. SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Af...

    published: 06 Dec 2016
  • Where should my reinsurance company be domiciled?

    Tim Byrd, Auto Industry Exper on Dealer Owned Reinsurance Companies

    published: 05 Jun 2012
  • amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

    published: 03 Dec 2015
  • Own Your Own Warranty Company | Dealer Owned Reinsurance Company

    In this quick video, you'll see how producer-owned reinsurance can benefit independent, traditional dealership. Get in touch with us and we'll get you started on the path to an accelerated profit access program.

    published: 19 Sep 2014
  • Standard Insurance's Corporate Audiovisual Presentation

    Standard Insurance has been in the business for more than 56 years now and is one of the biggest non-life insurance companies in the Philippines today. It is the leader in both motorcar and general fire insurance with treaties backed by multinational reinsurance companies rated no less than A- by the Standard and Poor's Ratings Services.

    published: 13 Jan 2015
  • Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

    http://www.weforum.org/ The Global Risks 2013 Report captures how over 1000 experts from industry, government and academia see the most pressing threats facing the world over the next ten years. It reveals how 50 global risks are perceived in terms of likelihood, impact and interconnections.

    published: 08 Jan 2013
  • Swiss Re InsurTech Accelerator 2017 – Disrupting the world of re(insurance)

    The Swiss Re InsurTech Accelerator (https://www.f6s.com/swissreinsurtechaccelerator) is a 20-week intensive programme through which we will mentor and help curate startups with the potential of disrupting insurance practices. Started in July 2016, it is the first-ever initiative by a reinsurance company to foster technology innovation amongst startups in the insurance tech area in India. Through this programme, startups will receive the opportunity to engage with global Swiss Re leaders, find new business connects, and gain access to the expertise from the Swiss Re team and mentors from the industry. In 2016, we collaborated with six ambitious and exciting startups. The startups presented their learnings and achievements at the InsurTech Accelerator 'Demo Day’ on 9 November 2016 to our gl...

    published: 02 Feb 2017
Reinsurance

Reinsurance

  • Order:
  • Duration: 18:31
  • Updated: 26 Aug 2014
  • views: 12277
videos
Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance Companies that sell reinsurance refer to the business as 'assumed reinsurance'. Assumed reinsurance is reported separately on their books from their non-reinsurance business. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
https://wn.com/Reinsurance
How Does Insurance Work?

How Does Insurance Work?

  • Order:
  • Duration: 14:54
  • Updated: 20 Dec 2014
  • views: 4790
videos
So how exactly does insurance work? How do insurance companies make money? In this video we will look into these questions and we will also learn about reinsurance and retrocession.
https://wn.com/How_Does_Insurance_Work
What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning

  • Order:
  • Duration: 2:21
  • Updated: 05 Oct 2016
  • views: 819
videos
What is FINANCIAL REINSURANCE? What does FINANCIAL REINSURANCE mean? FINANCIAL REINSURANCE meaning - FINANCIAL REINSURANCE definition - FINANCIAL REINSURANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Financial Reinsurance (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non-life segment of the insurance industry this class of transactions is often referred to as finite reinsurance. One of the particular difficulties of running an insurance company is that its financial results - and hence its profitability - tend to be uneven from one year to the next. Since insurance companies generally want to produce consistent results, they may be attracted to ways of hoarding this year's profit to pay for next year's possible losses (within the constraints of the applicable standards for financial reporting). Financial reinsurance is one means by which insurance companies can "smooth" their results. A pure 'fin re' contract for a non-life insurer tends to cover a multi-year period, during which the premium is held and invested by the reinsurer. It is returned to the ceding company - minus a pre-determined profit-margin for the reinsurer - either when the period has elapsed, or when the ceding company suffers a loss. 'Fin re' therefore differs from conventional reinsurance because most of the premium is returned whether there is a loss or not: little or no risk-transfer has taken place. In the life insurance segment, fin re is more usually used as a way for the reinsurer to provide financing to a life insurance company, much like a loan except that the reinsurer accepts some risk on the portfolio of business reinsured under the fin re contract. Repayment of the fin re is usually linked to the profit profile of the business reinsured and therefore typically takes a number of years. Fin re is used in preference to a plain loan because repayment is conditional on the future profitable performance of the business reinsured such that, in some regimes, it does not need to be recognised as a liability for published solvency reporting.
https://wn.com/What_Is_Financial_Reinsurance_What_Does_Financial_Reinsurance_Mean_Financial_Reinsurance_Meaning
Warren Buffett on insurance and reinsurance businesses

Warren Buffett on insurance and reinsurance businesses

  • Order:
  • Duration: 12:11
  • Updated: 13 Jun 2016
  • views: 4177
videos
Warren and Charlie answer questions about insurance and reinsurance.
https://wn.com/Warren_Buffett_On_Insurance_And_Reinsurance_Businesses
What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning, definition & explanation

  • Order:
  • Duration: 3:39
  • Updated: 17 May 2017
  • views: 559
videos
What is REINSURANCE? What doe REINSURANCE mean? REINSURANCE meaning - REINSURANCE pronunciation - REINSURANCE definition - REINSURANCE explanation - How to pronounce REINSURANCE? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedent" or "cedant" under the arrangement) from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below. The ceding company and the reinsurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay a share of the claims incurred by the ceding company. The reinsurer is paid a "reinsurance premium" by the ceding company, which issues insurance policies to its own policyholders. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that sell reinsurance refer to the business as 'assumed reinsurance'. A healthy reinsurance marketplace helps ensure that insurance companies can remain solvent (financially viable), particularly after a major disaster such as a major hurricane, because the risks and costs are spread. There are two basic methods of reinsurance: 1. Facultative Reinsurance, which is negotiated separately for each insurance policy that is reinsured. Facultative reinsurance is normally purchased by ceding companies for individual risks not covered, or insufficiently covered, by their reinsurance treaties, for amounts in excess of the monetary limits of their reinsurance treaties and for unusual risks. Underwriting expenses, and in particular personnel costs, are higher for such business because each risk is individually underwritten and administered. However, as they can separately evaluate each risk reinsured, the reinsurer's underwriter can price the contract to more accurately reflect the risks involved. Ultimately, a facultative certificate is issued by the reinsurance company to the ceding company reinsuring that one policy. 2. Treaty Reinsurance means that the ceding company and the reinsurer negotiate and execute a reinsurance contract under which the reinsurer covers the specified share of all the insurance policies issued by the ceding company which come within the scope of that contract. The reinsurance contract may oblige the reinsurer to accept reinsurance of all contracts within the scope (known as "obligatory" reinsurance), or it may allow the insurer to choose which risks it wants to cede, with the reinsurer obliged to accept such risks (known as "facultative-obligatory" or "fac oblig" reinsurance). There are two main types of treaty reinsurance, proportional and non-proportional, which are detailed below. Under proportional reinsurance, the reinsurer's share of the risk is defined for each separate policy, while under non-proportional reinsurance the reinsurer's liability is based on the aggregate claims incurred by the ceding office. In the past 30 years there has been a major shift from proportional to non-proportional reinsurance in the property and casualty fields.
https://wn.com/What_Is_Reinsurance_What_Doe_Reinsurance_Mean_Reinsurance_Meaning,_Definition_Explanation
The Medical Allied Reinsurance Company

The Medical Allied Reinsurance Company

  • Order:
  • Duration: 1:17
  • Updated: 27 Jun 2017
  • views: 79
videos
The Medical Allied Reinsurance Company is a tool business owners are beginning to use in order to control escalating healthcare costs.
https://wn.com/The_Medical_Allied_Reinsurance_Company
Israel Muchena, Assistant Director, African Reinsurance Corporation

Israel Muchena, Assistant Director, African Reinsurance Corporation

  • Order:
  • Duration: 8:02
  • Updated: 10 Nov 2015
  • views: 334
videos
Mr. Muchena discusses the alternative ways to assess risk besides traditional mechanisms such as insurance companies. Although insurance might be the solution, many ideas must be put on the table, such as risk-sharing before approaching a 100% transfer of risk to insurance companies. Mr. Muchena shows his enthusiasm for the GIIF, hoping more insurers will collaborate in this initiative and work with the African Reinsurance Corporation, a company dedicated to creating and supporting the development of local underwriting skills.
https://wn.com/Israel_Muchena,_Assistant_Director,_African_Reinsurance_Corporation
A simple reinsurance agreement

A simple reinsurance agreement

  • Order:
  • Duration: 1:53
  • Updated: 07 Mar 2016
  • views: 10092
videos
A short animation illustrating the features and purpose of reinsurance.
https://wn.com/A_Simple_Reinsurance_Agreement
Digital Transformation in the Insurance Industry at Swiss Re

Digital Transformation in the Insurance Industry at Swiss Re

  • Order:
  • Duration: 12:11
  • Updated: 28 Feb 2017
  • views: 6666
videos
The financial services industry is undergoing digital disruption and change. Insurance, as part of that industry, also faces new opportunities and challenges. To explore these issues, I spoke with the CIO for Information at Swiss reinsurance giant, Swiss Re. Rainer Baumann handles the data and tools that experts inside the company use to understand and evaluate a broad range of insurance risks. Unlike traditional insurance, where the company sells policies to individual buyers, reinsurance offers a backstop to other insurance companies. For this reason, the reinsurance business is all about experts gathering and analyzing information on a wide variety of topics. Baumann is creating a digital workplace to bring these experts information on topics ranging from weather to cyber risk to farming in Africa. Because these experts form the core of Swiss Re, issues such as future of work and adopting new processes and technologies are crucially important to the company. See the full ZDNet blog post: http://www.zdnet.com/article/digital-transformation-in-the-insurance-industry/ ------------------ Check out all the CXOTALK episodes: https://cxotalk.com/episodes ------------------ Follow us on Twitter: https://twitter.com/cxotalk ------------------
https://wn.com/Digital_Transformation_In_The_Insurance_Industry_At_Swiss_Re
KTN Prime: P-T-A reinsurance company announces Hope Murera as the new Managing Director

KTN Prime: P-T-A reinsurance company announces Hope Murera as the new Managing Director

  • Order:
  • Duration: 0:55
  • Updated: 06 Dec 2016
  • views: 150
videos
The P-T-A reinsurance company, otherwise known as ‘Zep-re’ has announced the appointment of Mrs. Hope Murera as the new Managing director with effect from January 1, 2017. Mrs. Murera will replace Mr. Rajni Varia who has been at the helm of the company since 2008. The new head has the task of bringing the African regional reinsurer into a new age where an Africa wide market for business is fast becoming reality. SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its headquarters located along Mombasa Road, at Standard Group Centre. This is the most authoritative news channel in Kenya and beyond.
https://wn.com/Ktn_Prime_P_T_A_Reinsurance_Company_Announces_Hope_Murera_As_The_New_Managing_Director
Where should my reinsurance company be domiciled?

Where should my reinsurance company be domiciled?

  • Order:
  • Duration: 0:23
  • Updated: 05 Jun 2012
  • views: 80
videos
Tim Byrd, Auto Industry Exper on Dealer Owned Reinsurance Companies
https://wn.com/Where_Should_My_Reinsurance_Company_Be_Domiciled
amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

amando software - Referenz Herr Urech (Swiss Reinsurance Company Ltd.)

  • Order:
  • Duration: 0:14
  • Updated: 03 Dec 2015
  • views: 25
videos
https://wn.com/Amando_Software_Referenz_Herr_Urech_(Swiss_Reinsurance_Company_Ltd.)
Own Your Own Warranty Company | Dealer Owned Reinsurance Company

Own Your Own Warranty Company | Dealer Owned Reinsurance Company

  • Order:
  • Duration: 10:32
  • Updated: 19 Sep 2014
  • views: 505
videos
In this quick video, you'll see how producer-owned reinsurance can benefit independent, traditional dealership. Get in touch with us and we'll get you started on the path to an accelerated profit access program.
https://wn.com/Own_Your_Own_Warranty_Company_|_Dealer_Owned_Reinsurance_Company
Standard Insurance's Corporate Audiovisual Presentation

Standard Insurance's Corporate Audiovisual Presentation

  • Order:
  • Duration: 5:33
  • Updated: 13 Jan 2015
  • views: 1173
videos
Standard Insurance has been in the business for more than 56 years now and is one of the biggest non-life insurance companies in the Philippines today. It is the leader in both motorcar and general fire insurance with treaties backed by multinational reinsurance companies rated no less than A- by the Standard and Poor's Ratings Services.
https://wn.com/Standard_Insurance's_Corporate_Audiovisual_Presentation
Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

Global Risks 2013 Report - David Cole (Swiss Reinsurance Company)

  • Order:
  • Duration: 2:13
  • Updated: 08 Jan 2013
  • views: 566
videos
http://www.weforum.org/ The Global Risks 2013 Report captures how over 1000 experts from industry, government and academia see the most pressing threats facing the world over the next ten years. It reveals how 50 global risks are perceived in terms of likelihood, impact and interconnections.
https://wn.com/Global_Risks_2013_Report_David_Cole_(Swiss_Reinsurance_Company)
Swiss Re InsurTech Accelerator 2017 – Disrupting the world of re(insurance)

Swiss Re InsurTech Accelerator 2017 – Disrupting the world of re(insurance)

  • Order:
  • Duration: 4:10
  • Updated: 02 Feb 2017
  • views: 1492
videos
The Swiss Re InsurTech Accelerator (https://www.f6s.com/swissreinsurtechaccelerator) is a 20-week intensive programme through which we will mentor and help curate startups with the potential of disrupting insurance practices. Started in July 2016, it is the first-ever initiative by a reinsurance company to foster technology innovation amongst startups in the insurance tech area in India. Through this programme, startups will receive the opportunity to engage with global Swiss Re leaders, find new business connects, and gain access to the expertise from the Swiss Re team and mentors from the industry. In 2016, we collaborated with six ambitious and exciting startups. The startups presented their learnings and achievements at the InsurTech Accelerator 'Demo Day’ on 9 November 2016 to our global leadership, industry stalwarts, ecosystem partners and potential investors. For more details, please visit http://www.swissre.com/events/2017_insur_tech_accelerator.html
https://wn.com/Swiss_Re_Insurtech_Accelerator_2017_–_Disrupting_The_World_Of_Re(Insurance)
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