Quotes About Reinsurance

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.

Companies have told us that they have employees who are near retirement age. We created a $5 billion reinsurance pool to help them bear the cost of those employees on the brink of retirement.

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.

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.

Global reinsurance companies are making billions in profits, in part by selling new kinds of protection schemes to developing countries that have done almost nothing to create the climate crisis, but whose infrastructure is intensely vulnerable to its impacts.8

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.

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.