Goldman Sachs Group Inc. is setting up a reinsurance vehicle with Talcott Financial Group that has so far raised $1 billion. The Bermuda-based sidecar, West Grove Re, will share premiums and losses for a portion of Talcott’s US-based annuities, the …
Same Goal, Different Pressures: Building Managed Repair Partnerships on Mutual Understanding
The premise of managed repair is straightforward: rather than insurance carriers reimbursing policyholders directly for property damage, carriers refer claims to a managed repair program.