Southeast News
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Fla. Insurance Commissioner McCarty Issues Subpoenas to 17 Reinsurers
Southeast News • April 25, 2005
Florida insurance regulators are probing the dealings of 17 reinsurers selling finite risk policies. Florida's Insurance Commissioner Kevin McCarty said that he has issued investigative subpoenas ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: subpoenas | surev0 | Apr 27, 2005, 8:11 am |
| RE: RE: finite re-insurance | Mr Index | Apr 27, 2005, 2:48 am |
| RE: finite re-insurance | Lachlan | Apr 26, 2005, 5:32 pm |
| RE: subpoenas | b altman | Apr 26, 2005, 2:51 pm |
| subpoenas | cliff mckelvy | Apr 26, 2005, 1:19 pm |
| finite re-insurance | Mr Index | Apr 25, 2005, 11:26 pm |
| Back to article | ||
Subject: finite re-insurance
If so, then what is wrong with it IF one simultaneously accounts for both the payment received and the future premium to be paid. During this will result in a small loss for the company who buys the cover but the "loan" can assist with working cash flow where, eg, high acquisition costs occur.
Mr Index