Albert Hired by Capital Re As Executive VP-Underwriter.Howard W. Albert has joined Capital Re Corp. as executive vice president and chief underwriting officer of Capital Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Co., an operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. that focuses on financial guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. reinsurance. Albert joined the company from Rothschild Inc., where he was senior vice president in the debt capital markets group. He was responsible for the structuring and private placement of asset-backed securities. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion