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S.& P. said the insurers' exposure to banks came through subordinated term loans, which in some cases exceeded the total assets of the insurers.
If the judge allows the players' case to proceed, the definitions of when, how and whether a player's concussions led to his illness will become critical in shaping the insurers' exposure, and could take years to sort out.
The insurers' exposure to these and other exotic products is a huge multiple of their flimsy capital bases and the chances of them having to cover claims has soared as the economy has slowed.
Insurers' exposure to multiple organisations with similar functionalities gives them a greater understanding of the risks that they hold.
Insurance covering the gap would be "relatively cheap," she asserts, since insurers' exposure would be capped.
Similar(55)
Although the insured amount is likely to be less, a report by A.M. Best, a credit rating organization, estimates that insured losses related to the hurricane could amount to nearly 75 percent of global art insurance premiums "and potentially lead to re-underwriting of risks as insurers assess exposure to the type of wrath the late-season storm unleashed".
Moreover both insurers had exposure to the BP oil spill which cost Amlin $15m and Hiscox about £10m.
Assured Guaranty, a municipal-bond insurer, has exposure to roughly 11,000 different municipal bonds; it expects to take losses on fewer than 12.
Yet the insurer's exposure to the United States has weighed on its share price.
A significant insurance practice is that of reinsurance, whereby risk may be divided among several insurers, reducing the exposure to loss faced by each insurer.
The insurers have significant exposure to these mortgage securities, Moody's said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com