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  2. Liberty Mutual - Wikipedia

    en.wikipedia.org/wiki/Liberty_Mutual

    In May 2017, Liberty Mutual Insurance completed its acquisition of Bermuda-based Ironshore Inc. from Fosun International Limited for $2.93 billion. [23] In October 2019, Liberty Mutual acquired Nationale Borg, Nationale Borg Reinsurance and AmTrust Insurance Spain, which are credit and surety reinsurance subsidiaries of AmTrust Financial Services.

  3. Catastrophe bond - Wikipedia

    en.wikipedia.org/wiki/Catastrophe_bond

    Industry Loss: instead of adding up the insurer's claims, the cat bond is triggered when the insurance industry loss from a certain peril reaches a specified threshold, say $30 billion. The cat bond will specify who determines the industry loss; typically it is a recognized agency like PCS or PERILS.

  4. The Travelers Companies - Wikipedia

    en.wikipedia.org/wiki/The_Travelers_Companies

    The Travelers Insurance Company was founded in Hartford by James G. Batterson, a stone contractor [12] who became aware for the first time of accident insurance for travelers (i.e., an early form of travel insurance) while traveling in England in 1859 from Leamington to London. [13]

  5. Casualty insurance - Wikipedia

    en.wikipedia.org/wiki/Casualty_insurance

    It may include marine insurance for shipwrecks or losses at sea, fidelity and surety insurance, earthquake insurance, political risk insurance, terrorism insurance, fidelity and surety bonds. One of the most common kinds of casualty insurance today is automobile insurance. In its most basic form, automobile insurance provides liability coverage ...

  6. Performance bond - Wikipedia

    en.wikipedia.org/wiki/Performance_bond

    A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money , intended to secure a futures contract , commonly known as margin .

  7. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...

  8. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Claims and loss handling is the materialized utility of insurance; it is the actual "product" paid for. Claims may be filed by insureds directly with the insurer or through brokers or agents. The insurer may require that the claim be filed on its own proprietary forms, or may accept claims on a standard industry form, such as those produced by ...

  9. Category:Liberty Mutual - Wikipedia

    en.wikipedia.org/wiki/Category:Liberty_Mutual

    File:Liberty Mutual Insurance logo.svg This page was last edited on 14 March 2023, at 11:57 (UTC). Text is available under the Creative Commons ...

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