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The Reinsurance Treaty was a diplomatic agreement between the German Empire and the Russian Empire that was in effect from 1887 to 1890. The existence of the agreement was not known to the general public, and as such, was only known to a handful of officials in Berlin and St. Petersburg.
Treaty Reinsurance means that the ceding company and the reinsurer negotiate and execute a reinsurance contract under which the reinsurer covers the specified share of all the insurance policies issued by the ceding company which come within the scope of that contract. The reinsurance contract may obligate the reinsurer to accept reinsurance of ...
To preserve a common understanding with Russia, Germany signed the mutual Reinsurance Treaty in 1887. Although the Russians considered it humiliating and prevented them using their Black Sea Fleet elsewhere, the closure of the Straits to foreign warships, included in the treaties of 1881 and 1884, meant there was little reason to maintain their ...
Reinsurance is a common industry practice of sharing the risk of policies with another business in return for a premium. The deal, often referred to as a 'reinsurance treaty,' is often done ...
The Franco-Japanese Treaty of 1907 was a key part of building a coalition as France took the lead in creating alliances with Japan, Russia, and (informally) with Britain. Japan wanted to raise a loan in Paris, so France made the loan contingent on a Russo-Japanese agreement and a Japanese guarantee for France's strategically vulnerable ...
Tower Group International, Ltd. Enters into Agreement to Acquire American Safety Reinsurance, Ltd. from Fairfax Financial Holdings Limited Operations of American Safety Reinsurance, Ltd. to be ...
The treaty was not renewed, and Shuvalov was shocked at the sudden reversal. [25] The decision led to the Reinsurance Treaty becoming public knowledge for the first time and prompted sharp criticism from supporters of Bismarck. In the press, Caprivi was subsequently attacked as a dilettante in foreign policy.
S&P Capital IQ estimates the losses will total $6.5 billion, prior to reinsurance payments. "We have gone to great lengths to clearly answer the questions outlined by the Commissioner. While we ...