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Opportunity for reinsurance & ILS to support global insurance industry growth
Improving economic growth in developed and emerging markets is expected to stimulate growth in the global insurance industry by 2018, which, suggests a need for greater reinsurance support and an opportunity for insurance-linked securities (ILS) to continue expanding into new peril regions.
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United States: Appellate Court Precludes Assignee Of Reinsurance Claims From Re-Litigating Lack Of Entitlement To Arbitration
In 1986, Pine Top Insurance Company became insolvent and was placed into liquidation. The liquidator eventually sold Pine Top's accounts receivable, including reinsurance claims, to an entity named Pine Top Receivables of Illinois, LLC. In 2015, Pine Top Receivables sued Transfercom, Ltd. to collect on an assigned reinsurance claim and sought to compel Transfercom to arbitrate the claim pursuant to the underlying reinsurance agreement.
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Trump administration, some states look to 'reinsurance' tool as stabilizer for insurance marketplaces
As congressional Republicans' efforts to repeal and replace the Affordable Care Act remain in limbo, the Trump administration and some states are taking steps to help insurers cover the cost of their sickest patients, a move that industry analysts say is critical to keeping premiums affordable for plans sold on the law's online marketplaces in 2018.|
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Opportunity for reinsurance & ILS to support global insurance industry growth
Improving economic growth in developed and emerging markets is expected to stimulate growth in the global insurance industry by 2018, which, suggests a need for greater reinsurance support and an opportunity for insurance-linked securities (ILS) to continue expanding into new peril regions.
- Read full article
- Comments(0) To comment, please Sign In
United States: Appellate Court Precludes Assignee Of Reinsurance Claims From Re-Litigating Lack Of Entitlement To Arbitration
In 1986, Pine Top Insurance Company became insolvent and was placed into liquidation. The liquidator eventually sold Pine Top's accounts receivable, including reinsurance claims, to an entity named Pine Top Receivables of Illinois, LLC. In 2015, Pine Top Receivables sued Transfercom, Ltd. to collect on an assigned reinsurance claim and sought to compel Transfercom to arbitrate the claim pursuant to the underlying reinsurance agreement.
- Read full article
- Comments(0) To comment, please Sign In
Trump administration, some states look to 'reinsurance' tool as stabilizer for insurance marketplaces
As congressional Republicans' efforts to repeal and replace the Affordable Care Act remain in limbo, the Trump administration and some states are taking steps to help insurers cover the cost of their sickest patients, a move that industry analysts say is critical to keeping premiums affordable for plans sold on the law's online marketplaces in 2018.|
- Read full article
- Comments(0) To comment, please Sign In