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Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to SIRC Today. 30 October 2017
Insurance
As JBA Risk Management Singapore launches new risk models in the Asia-Pacific region, Iain Willis, its managing director, explains to SIRC Today the potential of these new products and how they will benefit the region. 30 October 2017
Insurance
Asian shipping has endured the coincidence of low freight rates, market consolidation, and the continued broader economic slowdown. Simon Saunders of Barbican Insurance Group discusses the implications of current conditions with SIRC Today. 30 October 2017
Insurance
Ironshore said on Oct. 30 that it appointed three executives to underwrite specialty casualty risk in the US and the London Market. 30 October 2017
Insurance
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses. 30 October 2017
Insurance
Aon said on Oct. 30 that it has acquired has acquired UK’s independent insurance broking firm Henderson Insurance Broking Group. 30 October 2017
Insurance
Managing general agent (MGA) Wrisk said on Oct. 30 that it raised £500,000 through crowdfunding in less than five working days. 30 October 2017
Alternative Risk Transfer
Bermuda-based Markel CATCo Investment Management (Markel CATCo) said on Oct. 30 that it raised over $1.8 billion for its private fund as a result of additional investments from both existing and new investors. 30 October 2017
Insurance
Economic losses from the wildfires impacting Sonoma, Napa, Solano, Lake, and Mendocino counties are estimated at between $6 billion and $8 billion, according to catastrophe risk modelling firm RMS. 30 October 2017
Insurance
Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement. 30 October 2017
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