Shot of the ACE Tempest Re Building, 30 Woodbourne Ave, Hamilton, Bermuda
Shot of the ACE Tempest Re Building, 30 Woodbourne Ave, Hamilton, Bermuda. The main use of any insurer that might practice reinsurance is to allow the company to assume greater individual risks than its size would otherwise allow, and to protect a company against losses. Reinsurance allows an insurance company to offer higher limits of protection to a policyholder than its own assets would allow. For example, if the principal insurance company can write only $10 million in limits on any given policy, it can reinsure (or cede) the amount of the limits in excess of $10 million. Reinsurance’s highly refined uses in recent years include applications where reinsurance was used as part of a carefully planned hedge strategy. ACE Tempest Re Bermuda is a global leader in the catastrophe reinsurance market, having achieved success by combining state-of-the-art analytical capabilities with a responsive, client-focused approach. They offer a diversified range of products including, property catastrophe, workers compensation catastrophe, personal accident catastrophe, life catastrophe, stand alone terrorism and crop reinsurance.
Size: 5050px × 3360px
Location: Front Street, Hamilton Bermuda
Photo credit: © John Gaffen 2 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: architecture, bermuda, buisness, company, corporate, hamilton, insurance, international, offices, palm, reinsurance, trees
