A cedant (large insurer in a large market) bought a Liability XOL covering CGL, WC, D&O, E&O, Crime, etc. It
Sydney Opera House is a famous landmark. Its construction was started in 1958 and scheduled to be completed in 1963.
One of the very common Long-term non-life policies are Project Insurance. Engineering underwriters are very comfortable with giving long term
Normally CAT XL is bought on a Loss Occurring During (LOD) basis. Let’s discuss the impact if a cedant decides
Bermuda reminds us of beatiful beaches as well as the Bermuda Triangle (Devil’s Triangle). Hurricane Katrina in 2005 was the
Political risk is normally excluded under most reinsurance treaties. Political risks include War, Civil war, mutiny, terrorism, sabotage, nationalization, currency
Yesterday we discussed about RSM 1 which is based on Premium. Today, we discuss about RSM 2 which is based
In India, a reinsured doesn’t get the full credit for Reinsurance in solvency calculations. Let’s understand the factor-based solvency calculations
We had seen from the A.M. BEST analysis of Insurance Company failures that 8% of all failures were due to
A.M. BEST analysis of insurance failures gives the following primary causes for Insurance failures: a) Insufficient reserves: 34% of failures
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