reinsurance association of america

• Transit Casualty Company, in Receivership, Appellee, v. Certain Underwriters At Lloyd'S of London, Who Are Members of Syndicate No. 553, as Subscribers To Contracts of Reinsurance With Transit Casualty Company; C.J. Warrilow, an Underwriter At Lloyd'S of London, Individually, and on Behalf of Certain Underwriters At Lloyd'S of London Who Are Members of the Syndicate No. 553, Appellants. the Reinsurance Association of America, Amicus Curiae., 119 F.3d 619 (8th Cir. 1997)

Robert A. Knuti (argued), Chicago, IL, for Appellants. Paula Marie Young (argued), St. Louis, MO, for Appellee. Before McMILLIAN, Circuit Judge, HENL...

• Federal Circuits

• Insurance Trade Groups Support Hazard Mitigation Legislation Introduced by Committee On Homeland Security Chairman Bennie Thompson

To: POLITICAL EDITORS Contact: Blain Rethmeier, American Insurance Association, +1-202- 828-7132, brethmeier@aiadc.org; Brad Kading, Association of Bermuda Insurers and Reinsurers, +1-202-783-2434, Bradley.Kading@ABIR.bm; Marliss McManus, National Association of Mutual Insurance Companies, +1-202-580-6746, MMcManus@NAMIC.org; Marguerite Murer-Tortorello, Property Casualty Insurers Association of America, +1-847-553-3604, Marguerite.Murer@pciaa.net; Frank Nutter, Reinsurance Association of America, +1-202-638-3690, Nutter@reinsurance.org

• U.S. Newswire
• July 21, 2009

• A.M. Best Presents at Reinsurance Association of America's 2009 Current Issues Forum.

OLDWICK, N.J. -- Stefan Holzberger, assistant vice president of rating criteria at A.M. Best Co., is participating at the Reinsurance Association of A...

• Business Wire
• May 04, 2009

• Panacea or Boondoggle?

Tax-deferred catastrophe reserves for insurers in the US is an idea that has been around for more than a decade. Under such a plan, the federal government would allow insurance companies to stash away tax-deductible money up to established limits. Should a catastrophe occur, the company would liquidate the reserve, and the amount would count as taxable income. Lawrence Mirel, formerly insurance commissioner in the District of Columbia, argues that tax-deferred reserves would not only improve the industry's capacity, but would actually bring more tax revenues into the US. The reason is that most of the reinsurance that backs up risk in the US is provided by companies that are offshore. The Reinsurance Association of America has no specific position on the current bills or tax-deductible ...

• Best's Review
• Vol. 107 Nbr. 5, September 2006

• Public Policymakers Should Protect People and Property in Hurricane Alley

To: NATIONAL EDITORS Contact: Barbara W. Carroll, Reinsurance Association of America, +1-202-783-8390, carroll@reinsurance.org

• U.S. Newswire
• September 09, 2008

• General Reinsurance Corporation, Appellee, v. Missouri General Insurance Company, Appellee, Jerry B. Buxton, Director, Division of Insurance and Receiver for Missouri General Insurance Company, Appellee, James A. Polsinelli, Commissioner of Claims for Missouri General Insurance Company, Mississippi Insurance Guaranty Association, Appellant. Wholesale Materials Company, Inc., Charles F. Jones and Hattie K. Keeton. Reinsurance Association of America, Amicus Curiae., 596 F.2d 330 (8th Cir. 1979)

Robert M. Sommers (on brief), of James, Odegard & Millert, Kansas City, Mo., argued, for appellant; Neal E. Millert, Kansas City, Mo., and P. N. Harki...

• Federal Circuits

• Meeting Climate Change Head On

An increase in the severity and frequency of extreme weather is impacting daily life for the global community. Mounting evidence from the scientific community makes it increasingly clear that climate change is having a significant effect on the world's social and economic risks." That observation introduces a recently released "climate change policy" issued by the Reinsurance Association of America (RAA). Last September, the RAA adopted an official climate change policy and, in doing so, became the first insurance industry organization to have such a policy, according to the RAA. The RAA maintains that policy, so far, current scientific evidence does not permit the insurance industry to determine the specific impacts of climate change in terms of the location, frequency or severity of i...

• Rough Notes
• Vol. 152 Nbr. 3, March 2009

• Insurance Industry Representatives Hold Capitol Hill Climate Change Risk Press Conference

...Mark Way, head of Swiss Reinsurance Company Ltd., expressed concern that a "warming cl... Nutter, president of the Reinsurance Association of America. Speaking to this point, Mr. Nutter con...

• Mondaq Business Briefing
• United States Law Articles in English

• Quackenbush v. Allstate Ins. Co., 517 U.S. 706 (1996)

... for Allstate's alleged breach of reinsurance agreements. Allstate removed the action to federal... and Thomas W Rynard; for the National Association of Independent Insurers et al. by Charles Platto a...; and for the Reinsurance Association of America et al. by Maureen E. Mahoney. 709. JUSTICE O'CONNO...

• U.S. Supreme Court

• Reinsurance Trends

Financial results for the reinsurance market are similar to those of the general insurance market. For example, financial results for the first quarter of 2004 show a marked improvement in profitability. The combined ratio for the reinsurance industry as reported by the Reinsurance Association of America is 94, better than last year's healthy 96.4. This continues a trend of steadily improving results over the past few years. Standard & Poor's continues to report that the outlook for the reinsurance industry for 2004 remains negative. This basically means that ratings downgrades for US reinsurers are expected to exceed upgrades in the current year. Recent events have forced reinsurers to adopt a more holistic view of their operations just to stay in business. Hopefully this leading e...

• Rough Notes
• Vol. 147 Nbr. 9, September 2004