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Mutual insurance association The Standard Club has partnered with Hydor, an Oslo-based managing general agent (MGA), to create an MGA joint venture that will provide marine and energy cover across Nordic markets. 24 October 2016
Insurance
It is targeting a top 10 reinsurance spot on a global basis but GIC Re understands that, especially in continental Europe, reinsurance is a long-term relationship-driven game. Lucky then that the Indian company is itself a long-haul player and will be patiently awaiting any opportunities, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
Insurance
Measured growth plans are on the agenda for International General Insurance (IGI) as it targets growth in the energy sector despite very challenging wider market conditions, Waleed Jabsheh, president of IGI, told PCI Today. 23 October 2016
Insurance
Asta, a managing agent at Lloyd’s, has received "in principle" approval from the Lloyd’s Franchise Board to establish and manage Verto Quota Share Syndicate 2689. 21 October 2016
Alternative Risk Transfer
Tom Johansmeyer, assistant vice president, reinsurance services, marketing at ISO/Verisk Insurance Solutions, takes a look at the ILS market after a quiet summer. 20 October 2016
Insurance
The overall premium income in the London Company Market in 2015 was £21.6 billion, however £7.3 billion of premium currently written in the city could be affected by Brexit, according to a report from the International Underwriting Association (IUA). 19 October 2016
Insurance
Reinsurance broker and consultant JLT Re has appointed Jong Kuk Moon as CEO of JLT Re Korea, based in its Seoul office. 19 October 2016
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Mark Appleton as head of marine liability. 19 October 2016
Insurance
It takes a sophisticated outlook on business to resist getting a better deal than the year before, but that is exactly what some buyers are starting to do as they empathise with their reinsurers, and also have one eye on self-preservation, as Intelligent Insurer finds. 18 October 2016
Insurance
Conventional oil and gas underwriters need to start thinking about diversifying their portfolios into newer energy technology, especially renewables, Kamal Tabaja, Group COO for Trust Re, told EAIC Today. 14 October 2016
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