Liberty Mutual Reinsurance Underwriting Platforms

Slides:



Advertisements
Similar presentations
Profitable Partnership Opportunities
Advertisements

Regulation and Risk Management for Cross-Border Insurance Groups
Global Reinsurance AIG REINSURANCE UPDATE CAGNY MEETING June 2003 Chris Milton & Rich Skolnik.
Münchener Rück Munich Re Group “Recent volatility and future strategy in the insurance industry” September 2003 Nikolaus von Bomhard.
1 CINCINNATI FINANCIAL CORPORATION Credit Suisse First Boston 2005 Annual Insurance Conference November 2005.
Frequency business underwritten in 2009 includes Workers’ Compensation, General Liability, Commercial Auto, Personal Auto, Medical Stop Loss, Homeowners,
November, 2003 Captive Primer Presented by John Yonkunas Captives – Alternative or Obstacle.
Consumer Protection Working Party Meeting Sponsor.
Lloyd’s Strategy January © Lloyd’s2 Lloyd’s vision Key Characteristics A subscription market backed by mutual security A broker market;
A quick Guide to Lloyd’s
Liberty International Underwriters University of Houston Energy Panel Steven P. Weiss, CPCU, AMIM, NAMS-CMS Vice President – Marine Risk Engineering and.
© Lloyd’s 1 © Lloyd’s 1 Lloyd’s Overview August 2014.
EUROPEAN COVERAGE Confidential – Not for Redistribution 1 This document is confidential and is intended solely for the use and information of SNL Financial.
ACE LIMITED A GLOBAL PREFERRED STRATEGIC PARTNER Sprinklers from an Insurer’s perspective. Copenhagen 24 – 25, June
5th International Istanbul Insurance Conference
Copyright © W. R. Berkley Insurance (Europe), Limited Anthony Judge UK PI Underwriting Manager W. R. Berkley Insurance (Europe), Limited.
Tax Havens in the Light of the Current Crisis Ronen Palan.
CAGNY Meeting May 29, What is “Suretyship”? Suretyship is essentially an extension of credit by the surety on behalf of the principal. Suretyship.
Marine & Energy Practice Risk and Insurance Seminar Houston 20 September 2004 John Lapsley Chairman Marine & Energy.
Quantum Underwriting Solutions Plc Working in partnership to deliver outstanding client service.
1 The Navigators Group, Inc. “Insuring a World in Motion” CSFB Insurance Conference March 25, 2004 Stanley A. Galanski, President & Chief Executive Officer.
AES NOW and 2014 Presented for Export Expo 2013 December 10, 2013 by Harvey Waite, OCEANAIR Inc.
Page 1 I For Broker/Dealer Use Only and Not to be Distributed to the Public Pioneer Funds - U.S. Dollar Aggregate Bond Active Historical Sector Allocations.
Barbican Insurance Group An introduction Barbican Insurance Group Structure.
A Berkshire Hathaway Company Rules and Problems of Reinsurance Regulation Michael Theilmeier Russian Insurance Summit Saint Petersburg, 29 May 2005.
Update on e-Placement at Aon Ian Summers. Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation.
A global company with a local presence
1 A ‘single CSD access point to multiple market information AECSD Conference 9 September, 2010 Dan Kuhnel, Director, New Issues & Fixed Income Securities.
Financial Stability Ratings ® and Florida’s Property Insurance Market Demotech, Inc. February 4, 2010.
The German Secondary Life Market in the Light of a Challenging Environment for Insurers in Germany Ingo Wichelhaus - CEO National - October 6, 2015 London.
Lloyd’s of London: Observation and Speculation Todd J. Hess Chief Risk Officer and Deputy Swiss Re Underwriters Agency Casualty Actuaries in Reinsurance.
Market Structure The Nordic Association of Marine Insurers.
Quantum Underwriting Solutions Plc Working in partnership to deliver outstanding client service.
Casualty Actuarial Society 2002 Annual Meeting November 11, 2002 Surety Bonds – A General Overview By Richard Meyerholz Vice President Underwriting.
AXIS CAPITAL Risk Management International Insurance Society July 10, 2007 David B. Greenfield Chief Financial Officer.
1 The Navigators Group, Inc. “Insuring a World in Motion” Cochran, Coronia & Co. Investor Meetings June 22, 2004 New York City Stanley A. Galanski, President.
AA- A A1 A3 Comdex Rankings Northwestern Mutual 100 Berkshire Life 99 Guardian 98 Mass Mutual 98 MetLife 94 Principal 90 Ameritas 83 Standard 79 Unum 77.
Chief Financial Officers List
Chief Accounting Officers Database List A chief accounting officer or a CAO plays a vital role in the organization as he/she is responsible for.
Chief Security Officers List
CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that meet the unique.
Export infrastructure finance & insurance. exiFIN, Ltd. exiFIN, Ltd. (“exiFIN”) is a private international lender of cross border infrastructure equipment.
February 2016 CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that.
CUSTOMIZED POS SOFTWARE DEVELOPMENT INDIA. Customized POS Software Development India Custom Soft is Pune based outsourcing Software development company.
Corporate & Bank Relationships: The New Normal
Who is ACE USA?.
About NFP Employee benefits Property & casualty Retirement
GUARDIAN BERKSHIRE LIFE GUARDIAN BERKSHIRE LIFE
1 2 Table of contents Definition and Uses
The Actuarial Profession in the Insurance and Reinsurance Industry
Building the Relationship Between the Wholesaler and Retailer
International Retirement Savings Plan
Reinsurance Introduction Types of Reinsurance Types of Reinsurers
Financial Services Panel
Advancing ACSDA Markets, Regionally and Globally: A Dialogue with Industry Colleagues Association of Global Custodians Perspective ACSDA 10th General.
General Insurance Markets
CSUN Risk and Insurance
International Accounting - The Issues
The Principal Financial Group®
A quick Guide to Lloyd’s
Quantum Underwriting Solutions Ltd
Financial Results Conference Call
DIRECT INSURANCE LONDON MARKET – International
Chubb and Chubb Associate Program Overview
FIND the result from BvD DATA
Quantum Underwriting Solutions Working in partnership to deliver outstanding client service 2019.
Floods on the rise: keep calm and reinsure
Presentation transcript:

Liberty Mutual Reinsurance Underwriting Platforms Our clients have long been able to benefit from three underwriting platforms: the Lloyd’s syndicate and both European and US Company paper. Recently we’ve added a fourth: our Bermuda company paper. So wherever our clients are located, we’ll have the flexibility to offer a range of solutions. We offer financial strength and stability, backed by over 100 years of insurance industry experience. All of our company platforms are A rated and the Lloyd’s syndicate benefits from the Lloyd’s rating of A+. Lloyd’s Company Business Europe  Company Business US Company Business Bermuda Paper Liberty Managing Agency Ltd (LMAL) Syndicate 4472 Liberty Mutual Insurance Europe SE (LMIE) Liberty Mutual Insurance Company (LMIC)  Liberty Specialty Markets Bermuda Limited Principal Regulator Lloyd’s/PRA CAA Massachusetts Division of Insurance Bermuda Monetary Authority Address of Corporate Seat 20 Fenchurch Street, London, EC3M 3AW 5-7 rue Leon Laval, L-3372, Leudelange, Luxembourg 175 Berkeley Street, Boston, MA 02116 141 Front Street, Hamilton, Bermuda, HM19 Rating:    - AM Best A (Excellent) N/A    - S&P A+ A (Strong)    - Moodys A2 (Good)    - Fitch  AA- Headquarters Location London/Brussels Luxembourg Stamford/Boston Hamilton Branches Worldwide licensing (ref. Lloyd’s website & Crystal tool for details) UK, Netherlands, Germany, Dubai (via LSMM), Ireland, France, Spain, Switzerland, Italy Australia Canada US Singapore -Registered to write Direct general insurance Canada - Registered to write property and casualty Canadian risk 2018 Actual GWP $1,838m $1,601m $37,086m $892m Net Asset Position 31 December 2018 $1,798m $1,251m $16,365M $1,687m Solvency Ratio 31 December 2018 149% 134% 398% 475% Solvency Ratio 30 June 2018 142% 140% 354% 393% US Admitted Carrier Yes No In one state only LEI code 254900Q8AYXRLW34XI28 213800W5OOIOPYK9QY33 CNC20I6IOMGF7KY49D67 549300UKM1LZYLBWL784 Parental Guarantee: On 15 February 2002 the board of Liberty Mutual Insurance Company agreed to grant a guarantee covering LMIE’s insurance obligations. This was ratified by the Massachusetts Department of Insurance on 10 May 2002. The original guarantee was updated and re-issued on 13 April 2006 An equivalent guarantee supports LSM Bermuda