In a statement expressing its position, RIMS said, "Without the stability offered by a permanent long-term solution, our members are faced with an uncertain and costly marketplace that is not equipped

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a