Reinsurance Quotes & Sayings

Global reinsurance companies are making billions in profits, in part by selling new kinds of protection schemes to developing countries that have done almost nothing to create the climate crisis, but whose infrastructure is intensely vulnerable to its impacts.8 — Naomi Klein

After college, I went to San Francisco and worked as a secretary in a reinsurance company. That was a pretty dismal job. It was a real small place. Guys would come in, and they'd sort of stick out their arms like wings so I could take their coats off. They'd tell me, 'Two,' and I'd put two lumps of sugar in their coffee. — William T. Vollmann

This preternatural love of rules almost for their own sake punctuates German finance as it does German life. As it happens, a story had just broken that a German reinsurance company called Munich Re, back in June 2007, or just before the crash, had sponsored a party for its best producers that offered not just chicken dinners and nearest-to-the-pin golf competitions but a blowout with prostitutes in a public bath. In finance, high or low, this sort of thing is of course not unusual. What was striking was how organized the German event was. The company tied white and yellow and red ribbons to the prostitutes to indicate which ones were available to which men. After each sexual encounter the prostitute received a stamp on her arm to indicate how often she had been used. The Germans didn't just want hookers: they wanted hookers with rules. — Michael Lewis

An overgenerous reinsurance policy for an underachieving people. — Conrad Black

XL is a world class brand with very successful insurance, reinsurance and life reinsurance businesses and I look forward to helping it realize its full potential. — Mike McGavick

We set no volume goals in our insurance business generally - and certainly not in reinsurance - as virtually any volume can be achieved if profitability standards are ignored. — Warren Buffett