WASHINGTON, Nov. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eleventh and final Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of ...
WASHINGTON, May 18, 2023 /PRNewswire/ -- Fannie Mae (FNMA) (OTCQB: FNMA) announced today that it has executed its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. As part of Fannie ...
Carnovis will provide structured reinsurance solutions from December 2025 to help clients manage volatility and optimise ...
CRTs have changed since the financial crisis. But the eventual credit cycle turn is likely to show again that weaker banks' CRT use merely transformed, but did not eliminate, risk, writes Jill Cetina.
Enact Holdings (ACT) said its mortgage insurance unit secured ~$170M of additional excess of loss ("XOL") reinsurance coverage in a transaction that's part of its diversified credit risk transfer ...
Over the last several years, numerous large pension plan sponsors have transferred billions of dollars in financial risk related to their pension plan benefit obligations to insurance companies ...
Indian companies reported heavy financial losses tied to key insurable risks. Indian companies are increasing their use of ...
Sponsors of defined-benefit pension plans contemplating taking steps to de-risk their plans should consider recent guidance from the U.S. Department of Labor’s (DOL) Employee Benefits Security ...
GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over similar ...
The US pension risk transfer (PRT) market is experiencing rapid growth, fueled by regulatory changes, favorable economic conditions, and a heightened focus on reducing financial risks. Key trends ...
The University of California Office of the President invites comments on revisions to the policy on Risk Transfer and Insurance Requirements (BFB-63). The revision includes the following key concepts: ...