Endurance specialty forms unit to coordinate platforms.In an effort to better coordinate its U.S., U.K. and Bermuda subsidiaries, reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. Endurance Endurance See also Longevity. Atalanta feminine name denotes power of endurance. [Gk. Myth.: Jobes, 148] Boston marathon famous 26-mile race held annually for long-distance runners. [Am. Pop. Culture: Misc. Specialty Holdings Ltd. is forming a new division devoted specifically to improving operating efficiencies across its three platforms, the company said. The new unit, Endurance Services Ltd., is to be led by Steven Carlsen, the president of Endurance 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. Corporation of America. Carlsen continues as chairman of both Endurance Re and Endurance group's underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. committee. |
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