Trenwick Group, Ltd.(fka TWKGQ)

[twk000jester]

That's a easy question - let me grinds some beans, brew some coffee, and do a little research....on the BMA.

Here's a quick Link to point you in the right direction:
Link- http://www.bma.bm/

If one thinks of a ReInsurance Parent as a BOOK, and each Sub-company as a CHAPTER - then one can get a feel on how the Re Business Model works.

Active CHAPTER with CAPITAL write Re-Policy's, and underfunded CHAPTER stay-on the SIDELINES preserving CAPITAL via the RUN-OFF Process

Re'Company have different CLASSES which allow them to write different Re-policy's based upon the RESERVE ASSET left on each of their BOOK.

More Later.....