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General Insurance Corporation of India (GIC Re), the national reinsurer, has achieved a growth in premium income of 82.2 per cent during the 2016-17 financial year. 30 May 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Alternative Risk Transfer
The wide divergence in loss estimates given by the risk modelling community in the aftermath of the US hurricanes could prompt more re/insurers to invest in their own analytical capabilities and get a better handle on their data. 16 October 2017
Insurance
Specialty insurer Brit has appointed former Axis Capital executive Tim Chesson as senior vice president, programmes in the US. 6 February 2017
Insurance
Losses resulting from Hurricane Harvey and the subsequent flooding following the event could help stabilize re/insurance rates but will unlikely be enough to trigger increases. 29 August 2017
Insurance
Lloyd’s Lab, the global insurance market’s new innovation accelerator, has opened its doors following a global search for technology talent that drew more than 200 applications from 36 countries. 4 September 2018
News
Acappella Syndicate 2014 has promoted Jim Quinn to the new role of head of the reinsurance division, and Matthew Bellamy to the position of head of property reinsurance. 27 March 2017
Insurance
Risk modeller AIR Worldwide is to use its expertise around the impact of climate on extreme weather to shed new light on the impact of weather systems on the spread of diseases such as COVID-19. Intelligent Insurer finds out more. 7 April 2020
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
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