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collateral requirements should be one of many steps the industry takes to modernize reinsurance regulation to achieve open global markets on fair terms.
21 /PRNewswire/ -- CIGNA Reinsurance: Life, Accident, Health and Security Life Reinsurance today jointly announced plans to create an independent, personal accident reinsurance facility, pending regulatory approval.
Christian Mounis to President, Transamerica Reinsurance Europe, and Mr.
Although the idea's been around for a while, early successes and changes in the market have spurred a recent upsurge in the creation of new affiliated reinsurance companies, fueled by fresh capital, but still dependent on the sponsor for underwriting expertise.
7 /PRNewswire/ -- Alleghany Corporation announced today that it has acquired Underwriters Reinsurance Company from a holding company formerly owned by the Continental Corporation, Goldman, Sachs & Co.
amp; CANNES, FRANCE -- Transamerica Reinsurance, an operating unit of Transamerica Occidental Life Insurance Company (TOLIC) and part of the AEGON Group since 1999, has established a branch office for its entry into the European life reinsurance market.
The recent flurry of subpoenas concerning Finite or structured reinsurance contracts has led regulators to an important realization: There's a lot they don't know about this corner of the market.
NEW YORK, July 29 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) announced today that it has signed an agreement to acquire Underwriters Reinsurance Company from a holding company whose owners are The Continental Corporation (NYSE: CIC).