31. The new reinsurance business , based in Labuan, is expected to bring in premiums amounting to RM7 million to RM8 million. 32. In 1977, Beneficial entered the reinsurance business through subsidiaries, but these endeavors led to significant financial losses in the 1980s. 33. The Labuan Branch Office is a business unit within the company which handles the inward reinsurance business from non-Indonesian clients. 34. Axa said it will remain present in the U . S reinsurance business through Axa Re, its Paris-based reinsurance arm. 35. By establishing a significant local presence in Italy, Swiss Re expects to substantially expand its reinsurance business in the Italian market, 36. We will try to maintain a balanced business, for example, venture into the hire-purchase and leasing business, and the reinsurance business . 37. The sale by INA completes the Rome-based insurer's plan to exit the reinsurance business to focus on selling life insurance policies. 38. But it expects that the investments in its insuance company clients its will help further its reinsurance business , and vice versa. 39. These included U . S . fund manager Scudder, its reinsurance business and a stake in smaller rival Baloise Holding AG. 40. Lincoln National Corp . said its third-quarter earnings rose 4 . 6 percent because of surging profit from its reinsurance business .
