Health reinsurance.
Health 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. is purchased by insurance program managers such
as managing general underwriters, health maintenance organizations,
medical provider groups, employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. that self-fund health
insurance, and disease management companies.
Leading Reinsurers
Premiums 2003, nonaffiliated business ($ millions)
London Life Reins Co [60237]
General Re Life Corp [06234]
Guardian Life Ins Co of Amer [06508]
Employers Reins Corp [00347]
Allianz Risk Transfer (Bermuda) Ltd *
Manufacturers Life Ins (USA) [06681]
Employers Reassurance Corp [06976]
Centre Solutions (U.S.) Ltd [86961]
Hannover Life Reassurance Amer [68031]
Everest Reins Co [03519]
Note: Table made from bar graph.
* Company not followed by A.M. Best
Source: Special Report: Consolidation Drives Capacity Crunch In North
American Life Reinsurance Market (Published 08/23/2004)
COPYRIGHT 2005 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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