Articles

Insurance

Stretching its wings: GIC Re

While retaining a robust market share in its home of India, GIC Re is increasingly competing on the international stage. Devesh Srivastava, general manager of GIC Re, explains its strategy.   10 September 2018

Insurance

Beazley pursues greater diversification in APAC, with investment in more product lines

Beazley already runs a diversified book of business in the Asia-Pacific region and as a result is quite resilient, with plans to diversify further with new product investment, according to Lucien Mounier, head of Asia-Pacific region at the firm.   30 October 2019

Insurance

AIG closes Validus acquisition

American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals.   18 July 2018

Insurance

Mapfre unit placed under review with negative implications after acquisition

Rating agency AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Mapfre Insurance Company of New York.   18 June 2018

Insurance

Marsh swoops on AIG, Aon talent to boost UK financial lines unit FINPRO

Broker Marsh has made two senior hires from AIG and Aon to strengthen its UK financial & professional (FINPRO) practice within Marsh JLT Specialty.   17 September 2019

Insurance

Ryan Specialty to acquire wholesale brokerage Boston Insurance

Ryan Specialty Group is to acquire Boston Insurance Specialists (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts.   25 January 2019

Insurance

IFRS 17 still beset by some uncertainties, says AM Best

Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers.   16 September 2019

Insurance

Allstate April cat losses at $211m

US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes.   17 May 2018

Insurance

Coface appoints new LatAm CEO from Swiss Re

Credit insurer Coface has appointed a new CEO for the Latin America region from Swiss Re Group.   16 July 2018

Insurance

Chaucer poaches Aon exec

Specialist insurer Chaucer has appointed Colin Clulow as international property underwriter for binding authority and open market risks.   14 October 2014

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