Reinsurance Quotes

Since the 17th century, insurance agents have been the foremost experts on risk.

The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.

Underwriting is probably the smallest part of our business.

For insurance solvency, ongoing plan participation is vital.

The insurance industry communicates through codes and check-off boxes. If there's no check-off box for you, you don't exist.

After college, I went to San Francisco and worked as a secretary in a reinsurance company. That was a pretty dismal job. It was a real small place. Guys would come in, and they'd sort of stick out their arms like wings so I could take their coats off. They'd tell me, 'Two,' and I'd put two lumps of sugar in their coffee.

What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.

In 1688, Edward Lloyd opened a coffeehouse on London's seafront popular among underwriters, men in powdered wigs with mathematical minds and steely constitutions who offered to compensate owners if their boats were lost at sea.

[Canada's social welfare system is] an overgenerous reinsurance policy for an underachieving people.

Insurance companies don't make anything.

XL is a world class brand with very successful insurance, reinsurance and life reinsurance businesses and I look forward to helping it realize its full potential.

We can create more affordable coverage options for all Americans and help patients with pre-existing conditions - without forcing any satisfied Americans to lose coverage they like - through high-risk pools and reinsurance options.

Insurance companies as they exist today are going to be eliminated.

The basic premise of insurance is the pooling of funds from many to cover the costs of some. There are complicated methods for how to do this, but one fact remains consistent: For insurance to work well, people need to be in and stay in the insurance pool.

The elimination of unnecessary collateral requirements on foreign insurers and reinsurers is not only beneficial for the individual companies, but for the industry as a whole.

In some cases, corporations engaged in this activity have as much as 16 percent of their profits generated through the holding of 'janitor's insurance.'

We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.

There are deep value opportunities in insurance stocks, which were beaten down because of their exposure to the subprime crisis, annuities, and commercial real estate.