"Reinsurance" Example Sentences
1. The insurance company bought reinsurance coverage to protect themselves from large losses.
2. Reinsurance helps insurers manage their risk by transferring some of the risk to another party.
3. The reinsurance industry has experienced significant consolidation in recent years.
4. After a catastrophic event, reinsurers can face significant losses if they have a lot of exposure.
5. It is essential for insurers to have a strong reinsurance program to protect their business.
6. The reinsurance market is constantly evolving, and insurers need to adapt to remain competitive.
7. Some global reinsurance companies have been impacted by climate change due to an increase in natural disasters.
8. Reinsurance is critical for insurers in providing coverage for high-risk sectors such as aviation and healthcare.
9. The reinsurance market is highly regulated, with strict rules around capital adequacy and reserve requirements.
10. Reinsurers can provide specialty coverage, such as cyber insurance, which can be difficult for traditional insurers to underwrite.
11. Reinsurance can also be used as a tool for insurers to spread their risk across multiple markets and geographies.
12. The cost of reinsurance coverage can vary widely depending on the type of risk being covered.
13. Some insurers use reinsurance as a way of freeing up capital in order to invest in other areas of their business.
14. The reinsurance market has faced challenges in recent years, including low interest rates and increased competition.
15. Reinsurance can be purchased on a facultative or treaty basis, depending on the specific risk being covered.
16. Some insurance companies have created their own reinsurance subsidiaries in order to provide additional protection.
17. Reinsurance companies may also provide risk management services to their clients, including analysis and modeling.
18. The reinsurance market is highly competitive, with many different players vying for business across the globe.
19. Reinsurance rates can rise sharply after a major global event, such as a hurricane or earthquake.
20. The amount of reinsurance needed can vary depending on the size and complexity of the risk being insured.
21. Some insurers may use reinsurance to cover their excess liabilities, such as in the case of product liability claims.
22. Reinsurance can also be used as a way to provide coverage for large-scale infrastructure projects, such as bridges and highways.
23. Some reinsurance companies specialize in certain types of risks, such as property and casualty or life insurance.
24. The reinsurance market is an important part of the global financial system, providing stability for insurers and investors.
25. Reinsurance contracts can be complex, often requiring legal and financial experts to assist with negotiations.
26. Reinsurance can also be used as a way to help insurers manage their capital requirements, particularly in times of economic turmoil.
27. Some reinsurance companies are publicly traded, with shares available for purchase by investors.
28. Reinsurance can help to stabilize the insurance market by spreading risk across multiple parties.
29. The reinsurance market has seen increased consolidation in recent years, with the largest companies growing even larger.
30. Reinsurance can be a valuable tool for insurers looking to diversify their portfolios and enter new markets.
Common Phases
1. "Our company looks to purchase
reinsurance to mitigate risks and protect our assets;"
2. "The introduction of a new
reinsurance partner has diversified our risk-sharing portfolio;"
3. "Reinsurers provide a vital role in helping to spread the potential losses of catastrophic events across multiple insurers;"
4. "
Reinsurance allows us to expand our capacity to underwrite large risks, such as those found in the energy or transportation industries;"
5. "Our
reinsurance program is tailored to meet the specific needs of our business, taking into account our risk tolerances and strategic objectives;"