Based on the deal, the United States will also consider the application from Citic Group, China Reinsurance Group(1508. HK) and China International Capital Corp(CICC)(3908. HK) for the licensing of operations, the central bank said.
As of October 2007, these deposit and reinsurance contracts are subject to FSA inspection and supervision under the Banking Law and Insurance Business Law as well as MIC inspection and supervision under the laws on postal services privatization etc.
The reinsurance company Swiss Re has collaborated with the London School of Economics(LSE) to investigate the capacity of 31 countries to absorb new shock. Cumulatively, these 31 advanced and emerging economies make up about 75 percent of the world's gross domestic product.
Circular 2/19: 2019 Policy Year- UK P&I Reinsurance structure changes Following the Group reinsurance broker tender process undertaken during the spring of 2018, a number of recommendations for changes to the structure were made aimed at ensuring sustainability whilst improving the cost-efficiency of the collective reinsurance arrangements.
To comprehensively promote China Reinsurance Group(CCIC's parent company) and CCIC's middle term strategies to build a business model with unique characteristics, CCIC kicked off a strategic IT transformation project, where the underwriting and reinsurance systems provided by eBaoTech are the important components of the entire project.
LONDON and NEW YORK, Aug. 29, 2017/PRNewswire/-- iXledger(formerly InsureX Technologies), the London-based technology company developing first of its kind, transformative insurance solutions utilizing blockchain, today announced a collaboration with Gen Re, one of the world's leading reinsurance companies.
Reinsurance cost allocation 2018/19 In accordance with the Group's general reinsurance cost allocation objectives, principally that of moving towards a"claims versus premium" balance for each vessel type over the medium to longer term, the Group's Reinsurance Strategy Working Group and Reinsurance Subcommittee have again reviewed the updated historical loss versus premium records of the current four vessel-type categories.
To tackle this challenge, Kim stated that members of seven different World Bank Group teams- experts in the fields of health, agriculture, the private sector, treasury operations, development finance, insurance, and communications- are now working closely with the World Health Organization and other UN agencies, reinsurance companies, supply chain experts, governments and civil society groups to design a Pandemic Emergency Financing Facility, set to launch later this spring.
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