Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [IXT] InsureX - blockchain-secured marketplace for Insurance
by
castello90
on 03/10/2017, 13:37:00 UTC
You mean this GenRe company?  Shocked

Quote
General Reinsurance Corporation is an American multinational property/casualty and life/health reinsurance company offering a range of reinsurance products and services. The company is a direct reinsurer and is represented in all major reinsurance markets worldwide through a network of more than 40 offices. Gen Re is a member of the Berkshire Hathaway Inc group of companies.

Yes I mean that GenRe company!
http://www.genre.com/


See their twitter announcement:
https://twitter.com/Gen_Re/status/902494755153739776


"About Us
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. We work closely with our clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote our clients’ ongoing growth and success. As a direct reinsurer, we are in the risk assumption business, just like our clients. Our shared perspective helps us understand and evaluate even the toughest risks - and propose the right solution for you.

Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. We take our commitments very seriously. And with $13 billion in capital and $6 billion in premiums, we only make promises we can keep.

A.M. Best: A++ (Superior)
Moody's Financial Strength Rating: Aa1
Standard & Poor's Claims Paying Ability Rating: AA+


Financial strength ratings of Gen Re's reinsurance operations."


This is a big deal that will lead to big money! IXT is very cheap at the moment (0.30 $). It has the potential I think to reach a marketcap of 20% of Ripple at least, meaning that it could grow to ~ 25$.