NYSE, FSR - Fisker Inc
The Company, a reinsurance holding company, was incorporated under the laws of
Bermuda in October 2005 and commenced operations in December 2005. Through our
operating subsidiaries, we write primarily property, property catastrophe and
short-tail specialty and casualty reinsurance. We diversify our risks across
business lines by risk zones, each of which combines a geographic zone with one
or more types of peril (for example, Texas Windstorm). The majority of our
reinsurance contracts contain loss limitation provisions such as fixed monetary
limits to our exposure and per event caps. We specialize in underwriting where
sufficient data exists to analyze effectively the risk/return profile, and where
we are subject to legal systems we deem reasonably fair and reliable.
Our largest business is providing property catastrophe reinsurance coverage to a
broad range of select insurance companies, primarily on an excess of loss basis. ...
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